Otis says service business set to lift off

Otis Elevator (China) Investment Co Ltd said on Monday that it plans to expand its footprint in the elevator maintenance and service business in China, because that the sector was poised for higher growth than the new elevators and escalators market.

OCL President Tony Black said his group was hiring more staff, including service technicians and supervisors. The company already has more than 300 service branches and service stations across China, but the figure is expected to increase 15 to 20 percent each year.

"Service is in our DNA," Black said.