Cover:Serum Institute Burj Khalifa - Elevator World India

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64 ELEVATOR WORLD India • 4th Quarter 2010 • Readers’ Platform Continued agreements and other such commercial/business ventures. Acquiring an existing Indian company or partnering with an Indian commercial entity aids the foreign entity in having a good representative in India to establish its business activities for the benefit of all the parties concerned. Foreign Direct Investment (FDI) The FDI policy permits investment in India in almost all sectors under the automatic route, which means no prior approval of the government of India or any statutory authority is required. However, both under the provisions of FEMA and regulations of the RBI, investment by foreign entities in corporate entities of India is subject to sectoral caps ranging from 24% to 100% and is industry relevant. Post liberalization in 1991, most sectors have gradually opened up to FDI and 100% foreign investment permitted without any prior approval; i.e., under the automatic route. Royalties Although the provisions of FEMA permit establishment of business in any of the forms above, payment of royalties for technology transfers, collaboration fees, consultation fees, etc. are subject to the rules and regulations of the RBI as revised/notified from time to time. All outgoing royalties from India (in whatever form) are also subject to further taxation laws of India and the country of the foreign entity. Repatriation of Profits Repatriation of all profits earned in India through business activities is also permitted by the government of India for the benefit of the foreign entities establishing their business activities (subject to withholding and other taxes, as applicable). Advantage of India Given the myriad opportunities provided and value proposition offered by India (especially in the form of technically qualified personnel, cheap labor, liberalized regulations, an expanding market, a robust banking sector, a mature business scenario and the like), the Indian market cannot be ignored by any foreign entity planning diversification, expansion and other means of improvement of its business activities. Professional Advice Although the provisions of FEMA and the rules and regulations are comprehensive, the assistance of a wellestablished professional in the field is essential prior to proceeding with the implementation of establishing any commercial/business enterprise in India. The laws, rules and regulations relating to FDI are dynamic and undergo constant revisions and amendments. Bearing this in mind, it is advisable to seek the assistance of a wellestablished professional in the field even prior to commencement of negotiations with the Indian counterpart, or even in the event of implementing the proposal to enter India on a standalone basis. �
0, 92644 261 & 1 7( 6 Solenoid operated check valve 98788654327446101/ 1. - , . +1* 6) ( ' 2&551/ 1% 62$ 75# 1 " 6( ! 1 - 1. 0 01 + 0 , 1/ 1 7 1 - 1. 0 01- + 0 ! ' ( 7) 5! 61/ 16 $ 7) ( 1) 58& ' ( 7) 5! 6 10, , 1 * &$ 61 ) 831 7( 6 &532&( 1 7( 6 Controls performance of small elevators " 618) 564316( 6 73&21 &532&( 1 7( 64 &532&( 1 7( 618&21 72 72 ) 5 & % && 41 ) 834 &21 # 27 ( ) 1 721 72 ) 5 1 &234175 $ 7362) 7( 1( ) 83) 5 1 ( 738&2$ 41 0, 9) 61 3 261 7( 6 Prevents down over speed of the car &218 23 621) 58&2$ 73) &51 ( 67461 &537 31 2! 19727 1 6 37 " 6( ! 1 - 1. 0 01 + 0 , 1/ 16 $ 7) ( 1 727 ! $ 6 37 ' ( 7) 5! 6 62 &1 ( 6 32&5) 1 7( 6 with electronic fl ow meter + remote monitoring
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ELEVåTORWÅRLD Issue 4, Volume 3 C
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NUMBER ONE NUMBER ONE MONTEFERRO: o
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ELEVåTOR WÅRLD ELEVATOR WORLD Ind
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6 This new edition of a one-of-a-ki
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NEW ! �� Challenge to
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SCHINDLER INDIA CONTRACTS Schindler
Page 15 and 16: WORKSHOP AT ARCHITECTURAL INSTITUTE
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Page 19 and 20: Kinetek has combined the global lea
Page 21 and 22: market requirements, via a manageme
Page 23 and 24: � Regenerative Inverter lift Auto
Page 25 and 26: Turkey ASANSÖR ISTANBUL ADDS HALL
Page 28: Public Safety Otis India Takes Safe
Page 31 and 32: Serum Institute of India by Fali D.
Page 33 and 34: driven by a closed-loop digital- fe
Page 36 and 37: Market Trends Building Tall A Look
Page 38 and 39: Readers’ Platform Help Us Help by
Page 40 and 41: Technology Energy-Efficient Hydraul
Page 42: Field Stories Reminiscences by PVN
Page 45 and 46: 100th ANNIVERSARY Celebrating 100 y
Page 47: months. Fortunately, the main civil
Page 50 and 51: Burj Khalifa Continued While the re
Page 52 and 53: 50 Burj Khalifa Continued As high b
Page 54 and 55: Burj Khalifa Rises in Dubai by M.J.
Page 56: Engineering Assumption on New Desig
Page 60: Public Safety Independent Safety As
Page 63 and 64: Discussion We have mainly discussed
Page 65: Figure 1: Chart showing the investm
Page 70 and 71: Project Spotlight Continued The fea
Page 72 and 73: Why would an elevator consultant in
Page 74 and 75: Continued the building could suppor
Page 76: Continued pedestrian lifts and an o
Page 79 and 80: that is generated through parts rep
Page 81 and 82: Introducing GMV Door Operators 2 PA
Page 83 and 84: ◆ The possibility to attach hand
Page 86: Technology Continued Pull-Type Cyli
Page 89 and 90: SCHINDLER ID TRAFFIC MANAGEMENT The
Page 91 and 92: s t s Elevator tElevator World Worl
Page 93 and 94: CHINA ELEVATOR ASSOCIATION (CEA CHI
Page 95 and 96: Products Manufactured/Supplied: AC/
Page 97 and 98: SCHAEFER GMBH WINTERLINGER STR. 4 7
Page 99: The VEE is s a VVirtual irtual EEle
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Cover:Serum Institute Burj Khalifa - Elevator World India

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