Toshiba's inspiration for sustainable development is to create equilibrium across society, economy and the environment. Our business solutions aim to achieve sustainable development and growth, and we are conscious of delivering environmentally friendly products and solutions that do not have inimical effects on earth's ecosystem.
India is shifting from an agrarian economy to an industrialized economy. Today, it ranks as the world’s fifth-largest economy, with a GDP of USD 2.9 trillion. Rapid industrialization and modernization are behind the migration from villages to large cities, driving urbanization forward. In fact, India is urbanizing fast, and 53% of people are expected to live in cities by 2050.
Japan went through a similar transition in the 1960s, which saw large-scale construction of modern buildings as the foundation for a comfortable urban life. Toshiba has long been a leader in facilitating this urban growth by providing building solutions that are safe and reliable.
Today, Toshiba is drawing on this experience to offer India building solutions— elevators that will support fast-changing urban lives. Shuichi Ito, Managing Director, Toshiba India Private Limited, explains how. "Our extensive experience helps us to understand the needs of Indian customers and to support the realization of the Government of India's vision. We are utilizing the comprehensive technologies Toshiba has developed over the years to provide India with safe, world-class elevators."