CRC The Flagship in Noida India

Hitachi Receives Order for 56 Elevators and Escalators for CRC The Flagship in Noida, India

Ahmedabad, October2024–Hitachi, Ltd. (TSE: 6501;hereafter Hitachi), today announced that Hitachi Building Systems Co., Ltd. (hereafterHitachi Building Systems) and Hitachi Lift India Pvt. Ltd. (hereafterHitachi Lift India), a subsidiary of Hitachi, Ltd. which operates sales, installation, and maintenance of elevators and escalators in India, successfully secured an order for 56 units of elevators and escalators from CRC Group for CRC The Flagshipin Noida, Uttar Pradesh,India.The project is one ofthe most prestigious commercial projects in Noida.

The orderconsists of 44 elevators including high-speed elevators with a rated speed of 180 or 150 m/min, 12 escalators anda destination floor reservation systemthat efficiently allocates elevator cars.The elevators havean earthquake emergency operation system that detects an earthquake and stops the elevator quickly on the closest floor so that passengers can get out without being stuck in it.These features provide users with safety, security, and comfort.

Masaya Sakakibara, Managing Director, Hitachi Lift Indiasaid“We are honored to be involved in this prestigious project for the Noida district.Our aim is to contribute to the safe, secure and comfortable transportation for all users anddevelopment of the city by offering our high-quality products and services.We will continue to commit to the improvement of India’ssocietyand the well-being of its people.”

Bharat Kaushal, Corporate Officer, Hitachi, Ltd. and Managing Director, Hitachi Indiasaid“Hitachi India Pvt. Ltd. (hereafterHitachi India)’s burgeoning partnership with India for over nine decades is growing at an unprecedented pace. As India accelerates its voyage to become one of the leading economies in the world by not only empowering its citizens, but also by building a world class infrastructure to enhance quality of life for billions. Hitachi Lift India is an integral partner of India’s transformational journey and CRC Group has been instrumental in further strengthening the resilient infrastructural landscape of the nation. Weare overwhelmed to collaborate with CRC Groupthat marks a significant milestone in our commitment to further enhancing the urban infrastructure in India. This collaboration not only represents a strategic alignment between two leading organizations but also underscores our shared vision of innovation and excellence in ensuring India takes a giant leap forward for setting unparalleled architectural benchmarks, building a sustainable society. With our exemplary yet varied bouquet of solutions including urban mobility, energy, IT, payments, e-Education and e-Healthcare, Hitachi India is chartering an ambitious and progressive vision for building an ecosystem that further supports the mission of offering best in class technology for India and for the World.”

By undertaking this project, Hitachi Lift India aims to enhance its presence in the premium market and commit to thefurther business growth in India.

Outline of CRC The Flagship

CRC The Flagship is a223,000 square-meter business hub mainly consisting of 4 towers and a retail building.It offers office spaces, retail shops, and premium services apartmentswith various facilities such asa co-working space, an auditorium, and even a putting golfcourse.Theprojectalso hasthe greenery with more than 20% of its whole area, achievingclimate-friendly infrastructure with pre-certified platinum rating by Indian Green Building Council.

Closely located to theNoida–Greater Noida Expressway, it takes approximately35 minutes from Noida International Airport, being constructed at present and to be the one of the biggest international airportsin India asan alternative to Indira Gandhi International Airport.

Outline of CRC Group

CRC Group is a highly respecteddeveloper in the NCR region of India known for its premium projects.The Group is dedicated to enhancing the standards in the real estateindustry by introducing the finest buildings, which have been and will continue to be fullof perfection and excellence.

Hitachi’s Elevators and Escalators Business in India

India’s new installation market for elevators and escalators exceeds 67,000 units in fiscal year 2023, making it the world’s second-largest marketthat is expected to grow 6-7% per year.

Hitachi established Hitachi Lift India in January 2008 and began full-scale operations in the elevator and escalator market. Since then, it has secured many orders and has been engaged in installing and maintaining its products, including high-speed elevators for luxury residences, hotels, and offices. Hitachi Lift India currently operates in all major cities in India, such as Delhi NCR, Mumbai, Bengaluru, Chennai, Pune, Hyderabad, and Ahmedabad.

Outline of Elevators Specifications Ordered

Type

Rated Speed

Capacity

Units

Passenger elevator

180 m/min

1,600 kg / 21 Passengers

8 units

150 m/min

16 units

105 m/min

2 units

150 m/min

1,350 kg / 18 Passengers

3 units

105 m/min

4 units

105 m/min

1,020 kg / 15 Passengers

2 units

884 kg / 13 Passengers

1 unit

Fire elevator

150 m/min

1,150 kg / 15 Passengers

2 units

150 m/min

1,050 kg / 14 Passengers

2 units

150 m/min

1,020 kg / 15 Passengers

2 units

105 m/min

2 units

Outline of Escalators Specifications Ordered

Area

Rated Speed

Floor Height

Units

Retail facilities

30 m/min

5,500 mm

4 units

4,800 mm

4 units

4,500 mm

4 units

Website of Hitachi Lift India

http://www.hitachi-lift.co.in/

Website of Hitachi Elevators and Escalators

https://www.hitachi.com/businesses/elevator/

Hitachi Building Systems Brand Channel

https://www.youtube.com/channel/UCfOgxcLRk3NHm2WrqHeQ6MA

About Hitachi, Ltd.

Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com

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