Otis elevator (India) limited which&nbsp; operates as a subsidiary of United Technologies Corporation has declared dividend of Rs 135/share.Otis elevator (India) limited manufactures, Erects, Installs, Modernizes and maintain elevators, escalators, and moving walkways primarily in India.&nbsp; The company has been progressing well. They have manufacturing facilities in Bangalore. They have just launched a Gen2 life in the mid rise segment.The new product has shown good results among customers with some significant early wins.

Otis elevator (India) Limited which operates as a subsidiary of United Technologies Corporation has declared a dividend of Rs 135/share.