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The Silicon Review Asia

An Interview with Aman Moudgil, Gilco Global Director and CEO: ‘By Using the Proven Technologies and Applying Strict Quality Control Procedures, We’ve Become Known for Having the Best Practices in the Industry’

The Silicon Review
February, 2021


“Indian elevator and escalator market is poised to grow over the coming years along  with the steady economic growth of the country.”

The lift industry has always been technology-focused. During the last few years, energy efficiency being the norm with gearless machines complemented by regenerative drive systems and energy conservation through occupancy sensors for controlling lights in cabin, indicators, etc. led to elevators reducing their overall carbon footprint viz-a-viz the older system of geared motors and non-efficient drive systems.

In light of the foregoing, we’re pleased to present Gilco Global — a mobility solutions provider. In the elevator business, they represent some of the world leading OEMs from Europe. Some of the companies with whom Gilco Global has an agreement for the Indian market include ORONA Elevators, DHLLUIS & ECOSPACE It. Gilco Global has a pan India reach in both marketing and operations.

The company was incorporated in 2014 and is headquartered in Gurgaon, India. It has additional office locations in Delhi, Mathura, Bhiwadi, Bangalore, Mumbai, and Chandigarh.

Aman Moudgil, Gilco Global Director and CEO, spoke exclusively to The Silicon Review. Below is an excerpt.

Q. Explain your services in brief.image

Gilco Global specializes in the field of mobility solutions for a variety of applications including elevators, escalators, moving walks, dumbwaiters, car elevators, car docks, automated car parking solutions for urban infrastructure (hotels, hospitals, residential housing structures, commercial, industrial, etc.), and solutions for the aviation sector including automatic baggage handling systems, baggage scanning, gate seating, mechanical sweepers for runway applications and specialized equipment for ground handling. We are committed to sincere business and customers’ satisfaction with strategic alliances with leading solution providers from Europe.

Q. What are the factors that will contribute to the success of mobility solutions?

With the rising burden on the ecosystem as a result of the rising population, focus has already started shifting towards sustainable solutions in all spheres of life. In elevators too there is a shift towards more efficient soluions with minimal environmental impact. Solutions provided by us through ORONA are ‘green’ and certified under Eco Design (ISO 14006). In the pandemic times, as the world’s response to doing things has changed, more emphasis is on enabling a sterile experience for the passengers. In a nutshell, technology is the common denominator for a successful legacy and remains a strategic focus for this industry too.

Note: Our solutions carry certifications inline with the best practices to support energy efficiency and climate action. (Our products carry CE, ISO 14006, etc. certifications).

Q. How do you find the Indian mobility solutions market?

Despite a weak growth due to the pandemic, there are reports of a strong revival from mid-2021, and the industry is expected to catch-up its growth rate thereafter due to the rising demand from emerging countries such as China, Vietnam, etc. Indian market is also poised to continue registering steady growth thereon. Increased real estate activity along with rising disposable income stimulates the demand for elevators and escalators in the country. Besides, increased migration to urban areas, rise in aged population, and foreign direct investment inflow in construction comprise some of the key factors propelling the elevator and escalator market in India for the last few years and this trend expected to continue from mid-2021 onwards.

Q. Tell us about the USPs you bring to the mobility solutions market viz-a-viz your competitors?

Firstly, with us offering such a wide range of mobility solutions, I am not sure of any competitor who has such a wide range of solutions available under a single roof. Moreover, if we speak of the elevator business alone, some USPs offered by us include:

  1. We are offering a European product at competitive prices. Being European they conform to the latest standards as per the Lift/ machine directive and hence carry with them an assurance of quality, safety and comfort.
  2. We also offer comprehensive support to our customers by helping them execute preparatory works (if necessary) to integrate a mobility solution within their facility.

  3. With our in house installation and maintenance team, we are able to render efficient services to our customer through our minimal response times. Furthermore, our in house team assures quality deliverance of our solutions.

  4. A wide range of solutions makes us competent to offer mobility solutions to our customers in a very diverse environments and even in buildings/ structures with no earlier provision. We have several success stories in this domain.

    5. From the economic sustainability perspective, we aim to achieve even more competitive and efficient vertical transport solutions. Moreover, we promote the research          capacity of collaborating companies to generate high added- value products and services.

Q. How do you market your services?

With all global giants already present in the Indian market for over decades and most of them manufacturing the solutions partly in their factories in India, the competition here is fierce.

Furthermore, the ‘cheapest being the best’ mentality of the consumers makes the task even more difficult for us when we are offering a superior product carrying the same specifications as offered in European markets. While we are offering very competitive prices to strengthen our foothold in this interesting market, we are more on the lookout for the customers who are evaluating their purchases wisely and do an apple-to-apple comparison for evaluation. If compared from a life-cycle perspective, ourimage solution would be the cheapest and best in terms of value due to inherent quality and world-class manufacturing practices.

Q. What are your trajectories for the next five years?

Apart from building mobility solutions, where we have a strong presence in the Indian market, we are keen on promoting our world-class aviation solutions in the airport sector in the country, which is poised to grow due to the government’s strong initiatives to render connectivity to every remote part of the country under the ambitious UDAN scheme. Currently, we are looking for more collaboration with OEMs in the field of advanced baggage handling systems and gate seating for the Indian markets.

The Leaders at the Helm of Gilco Global

Sh. Deepak Moudgil is the Managing Director of Gilco Global.

Aman Moudgil, director, serves as the Chief Executive Officer of Gilco Global.

Gaurav Moudgil, serves as Director at Gilco Global

Sh. Jasbir Singh, Dirk Manfred Schlage, Stephan Wiesbeck & Sh. Sanjeev Moudgil are on board of Gilco Global and contributing significantly towards growth of the organization.

“If compared from a life-cycle perspective, our solution would be the cheapest and best in terms of value due to inherent quality and world-class manufacturing practices.”


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