CHENNAI: Elevator and escalator major KONE India, a 100 per cent subsidiary of KONE Corporation of Finland, planned to introduce energy saving elevators in the country by 2012, a senior company official said.

These proposed elevators would save 50 per cent energy and would work efficiently, Kone Technology Senior Vice-President Jussi Oijala said here.

The company expected to manufacture the energy saving elevators equipped with new generation technologies at the Chennai plant by another two years, he said.

KONE has a production facility at Ayanambakkam near here. The company employs about 2,800 people in the country and has 40 branches.

Oijalal said the new elevators would also be able to shut off automatically when not in use. “Through this we can make them (elevators) perform much better,” he said.

The company had already launched energy saving elevators in Europe. “In 2006 we had set a target of manufacturing elevators that will consume only 50 per cent of power by 2010 and today its been achieved…,” he said.

The parent company KONE Corporation has allocated Euros 60 million as investment in research and development for 2010-11.

The Chennai facility produces elevators for the Indian market as well as for Bangladesh, Nepal and Sri Lanka besides manufacturing components for modernisation projects in Australia, Singapore and Malaysia.