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Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.

June 03, 2019

Hitachi Receives 106 Elevator Order for Large-scale Office Buildings in Hyderabad, India

Hyderabad, India, June 3, 2019 --- Hitachi, Ltd. (TSE: 6501 / “Hitachi”) today announced that Hitachi Building Systems Co., Ltd. (“Hitachi Building Systems”) and Hitachi Lift India Pvt. Ltd. (“Hitachi Lift India”) which is in charge of sales and maintenance service for elevators and escalators in India have been awarded a contract to supply a total of 106 elevator units by Phoenix Group for Phoenix Spaces 285 and Phoenix Aquila, which are large-scale office buildings to be constructed in Hyderabad, a major city in South India.

This is the largest order for Hitachi group’s elevators and escalators in India.

The new installation market for elevators and escalators in India exceeds 50,000 units per year, making it the world’s second largest market, with strong potential for continued steady growth. In January 2008, Hitachi established Hitachi Lift India and installed a large number of elevators and escalators for luxury apartments, hotels and office buildings, mainly in major cities such as New Delhi, Mumbai, Bengaluru, Chennai, Pune, Hyderabad and Ahmedabad.

Hitachi Building Systems and Hitachi Lift India will deliver 72 elevators for the large-scale building complex Phoenix Spaces 285, located in a suburb of Hyderabad’s financial district and scheduled for completion in February 2020. Hitachi Lift India will also deliver 34 elevators for Phoenix Aquilia, an office building located in the center of Hyderabad’s financial district, which is scheduled to be completed in December 2019. Both sites will facilitate comfortable passenger transportation by adopting a destination floor reservation system which assigns an elevator immediately to passengers on registering destinations in the lobby and activates lighting to efficiently indicate the assigned elevator, and “Future Reference-Trajectory Control,” a group control system aiming to minimize waiting by predicting future travel needs from learned operation patterns.

Moving forward, Hitachi and Hitachi Building Systems will globally supply safe, secure and comfortable elevators and escalators as well as services that help resolve customers’ various issues in urban spaces to contribute to a sustainable society.

Outline of Ordered Elevator Specifications

1. Phoenix Spaces 285

Type Rated Speed Capacity Units
Passenger Lift 105m/min 1,360 / 1,623kg 24 units
150m/min 1,350 / 1,600kg 24 units
60m/min 748kg 12 units
60 / 105m/min 952 / 1,360 / 1,496 / 1,623kg 6 units
Service Lift 105m/min 1,350 kg 6 units

2. Phoenix Aquila

Type Rated Speed Capacity Units
Passenger Lift 105m/min 1,360 / 1,632kg 12 units
150 / 180m/min 1,350 / 1,600kg 12 units
60m/min 748 kg 6 units
Service Lift 105m/min 1,350kg 4 units

Outline of Phoenix Spaces 285

1. Phoenix Spaces 285

Building Usage Developer Location Floors
Office, Commercial facility Phoenix Spaces Private Limited Puppalaguda Mandal, Ranga Reddy District, Hyderabad, Telangana State, India Tower 1:L1~19 upper floors, basement 4 floors Tower 2:L1~19 upper floors, basement 4floors Tower 3:L1~19 upper floors, basement 4floors

Outline of Phoenix Aquila

1. Phoenix Spaces 285

Building Usage Developer Location Floors
Office Phoenix Spaces Private Limited Puppalaguda Mandal, Ranga Reddy District, Hyderabad, Telangana State, India Building A:L1~25 upper floors, basement 3 floors Building B:L1~18 upper floors, basement 3 floors

External view of Phoenix Spaces 285 and Phoenix Aquila

External view of Phoenix Spaces 285 and Phoenix Aquila

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focusing on Social Innovation Business combining its operational technology, information technology and products. The company’s consolidated revenues for fiscal 2018 (ended March 31, 2019) totaled 9,480.6 billion yen ($85.4 billion), and the company has approximately 296,000 employees worldwide. Hitachi delivers digital solutions utilizing Lumada in five sectors including Mobility, Smart Life, Industry, Energy and IT, to increase our customer’s social, environmental and economic value. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

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