CHENNAI: The continuation of the conflict in the Gulf region may result in short-term liquidity issues for Finnish elevator manufacturer KONE's India unit. Speaking to The New Indian Express, Amit Gossain, Managing Director of KONE India, said, "If the war continues, there will be short-term liquidity issues. The Indian unit exports mostly to South Asian countries." KONE India also exports machines to the US that are manufactured in India. He also spoke about the recent elevator safety code introduced by the Bureau of Indian Standards (BIS).

Source: Indian Express March 31, 2026 15:50 UTC