"No. 1 in the world of HYDRAULIC ELEVATOR TECHNOLOGY"                               "Leader with more than 810000 lifts worldwide using GMV Technology"

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DR. SANTOSH R. S.

(Executive Director & CEO – Gulf, South East Asia)

Dear Valued Stakeholders of GMV India,

Greetings!!

Firstly, and importantly our heartfelt thanks to you all for being with us in the journey which started as a tiny molecule.

GMV INDIA is well placed to be a part of Growth story of Indian Elevator Industry. We are committed to creating a growth-oriented and sustainable future for all our stakeholders.

We continue to expand our GLOCAL network, both domestic and international particularly in South East Asia and GCC. This will be augmented with launch of new products and further R & D. GMV India has its vision in place and aims to balance Growth and Profitability.

Despite of High growth environment, the Indian elevator industry is currently passing through a challenging phase, given a depreciating rupee and rising costs of materials. Architects and Construction companies are facing real challenge while offering Space Optimization solutions.We are working tirelessly towards becoming trusted partner for India’s construction companies and Architects, supporting them to offer perfect blend of Aesthetics and Technology. Needless to state that GMV Group has been in existence for over 60 years and through these years, we have been successful in combating such business volatility.

Being the World No 1 in Hydraulic Elevators, we will continue to accord highest priority to safety and elegance in vertical transportation.

I once again sincerely thank all our valued customers for their continued patronage and support.

DR. SANTOSH R. S.

(Executive Director & CEO – Gulf, South East Asia)