Passenger Hoist Price in India 2026

If you are planning a construction project in India and searching for passenger hoist prices, this is the most complete and up-to-date guide available. We cover purchase price by capacity, rental rates, installation costs, and what actually drives the final price you pay.

Important: Passenger hoist prices in India are not fixed. Final pricing depends on cage size, lifting height, cage configuration (single or twin), safety device rating, and site-specific installation requirements. The figures below are realistic market ranges based on 2026 data — always get a detailed quotation for your specific project.

Passenger Hoist Purchase Price by Capacity (2026)
Model / Capacity Cage Config Approx. Price Range (₹)
700 kg (PMH 100) Single cage ₹10,00,000 – ₹16,00,000
700 kg (PMH 100) Twin cage ₹18,00,000 – ₹26,00,000
1,200 kg (PMH 150) Single cage ₹16,00,000 – ₹24,00,000
1,200 kg (PMH 150) Twin cage ₹28,00,000 – ₹38,00,000
1,500 kg (PMH 200) Single cage ₹22,00,000 – ₹32,00,000
1,500 kg (PMH 200) Twin cage ₹35,00,000 – ₹48,00,000
2,000 kg (PMH 250) Single cage ₹30,00,000 – ₹45,00,000
2,000 kg (PMH 250) Twin cage ₹52,00,000 – ₹70,00,000

Prices exclude GST (18%), mast sections beyond standard height, installation charges, and freight.

What Is Included in the Base Price?

A standard passenger hoist quotation typically includes:

What is NOT included in most base quotes:

Always ask your supplier for an all-inclusive project cost — not just the unit price.

Mast Section Cost

Mast sections are added progressively as your building rises. Cost per mast section varies by mast size:

Mast Size Weight Approx. Cost per Section
450 × 450 × 1508 mm 77–83 kg ₹8,000 – ₹14,000
650 × 650 × 1508 mm 112–151 kg ₹14,000 – ₹22,000

For a 100-meter hoist, you need approximately 66 mast sections (each section = 1.508 meters). Factor this into your total project budget.

Passenger Hoist Installation Cost

Installation cost depends on the installation team, site access, and project complexity:

Installation Stage Typical Cost Range
Base installation (0–30 m) ₹80,000 – ₹1,50,000
Per mast section addition ₹2,000 – ₹4,000 per section
Full commissioning + load test ₹25,000 – ₹50,000
Dismantling + removal ₹60,000 – ₹1,20,000
Passenger Hoist Rental Price in India (2026)

Not every project requires purchasing a hoist — especially for projects under 18 months. Rental is often more cost-effective for mid-size projects.

Capacity Monthly Rental Rate
1 Ton (1,000 kg) ₹80,000 – ₹1,25,000/month
1.5 Ton (1,500 kg) ₹90,000 – ₹1,40,000/month
2 Ton (2,000 kg) ₹1,00,000 – ₹1,75,000/month

Rental rates typically include the hoist unit only. Installation, operator, maintenance, and mast additions are usually billed separately.

For a complete breakdown of rental costs vs purchase costs, see our Passenger Hoist Rental Guide →

Buy vs Rent — Which Makes More Sense?
Factor Buy Rent
Project duration 18+ months Under 18 months
Multiple projects Ideal — reuse across sites Expensive long-term
Upfront capital High Low
Maintenance responsibility You Rental company
Resale value 40–60% after 5 years None
Best for Contractors with ongoing work One-off or short projects

Rule of thumb: If your project is 12 months or less, rental is almost always cheaper. Beyond 18–24 months, purchase typically delivers better ROI — especially if you have multiple sites.

5 Factors That Change the Final Price

1. Lifting Height

This is the biggest cost variable. A 50-metre hoist and a 200-metre hoist use the same base unit — but the mast sections, wall ties, and installation labour for 200 metres cost significantly more.

2. Single vs Twin Cage

Twin cage configurations cost 60–80% more than single cage but are often justified on high-traffic sites where worker movement bottlenecks delay productivity.

3. Speed (Standard vs VFD High-Speed)

High-speed VFD models (up to 96 m/min) carry a premium of ₹2,00,000 – ₹5,00,000 over standard-speed units. On buildings above 20 floors, the productivity gain often justifies the extra cost within the first few months.

4. Safety Device Rating

Higher-rated safety devices (M8 vs M5) are mandatory for heavier loads and are priced accordingly. Never compromise on the safety device rating to reduce cost.

5. Buying Direct vs Through a Dealer

Buying directly from the manufacturer eliminates distributor margins of 10–20%. For a ₹25 lakh hoist, that’s ₹2.5 to ₹5 lakh in savings. Always confirm whether the supplier is the manufacturer or a reseller.

GST on Passenger Hoists in India

Passenger hoists fall under HSN Code 8428 (Other Lifting, Handling, Loading or Unloading Machinery). GST rate applicable: 18%.

For a ₹20 lakh hoist, GST adds ₹3.6 lakh to the total cost. Always confirm whether quoted prices are inclusive or exclusive of GST.

How to Get an Accurate Passenger Hoist Price Quote

To get a meaningful quote that reflects your actual project cost, provide the supplier with:

  1. Building height (total floors and approximate metres)
  2. Number of workers using the hoist per shift
  3. Materials to be lifted (weight and frequency)
  4. Site location (affects freight)
  5. Project duration (buy vs rent decision)
  6. Required certifications (CE, IS 7521 — specify if mandatory for your contract)

Get a Free Quotation for Your Project →

Frequently Asked Questions — Passenger Hoist Price India

What is the minimum price of a passenger hoist in India?

Entry-level 700 kg single cage hoists start from approximately ₹10 lakh. Budget an additional ₹2–4 lakh for installation, mast sections beyond standard, and commissioning.

Is passenger hoist price negotiable?

Yes — especially for direct manufacturer purchases, multi-unit orders, or long-term AMC contracts. Dealers typically have less flexibility than manufacturers.

What is the resale value of a used passenger hoist?

A well-maintained 3–5 year old passenger hoist typically fetches 40–60% of original purchase price. CE-certified hoists with documented maintenance records command higher resale values.

Does the price include the operator?

No. A trained hoist operator is required separately and is typically a site-provided resource or hired locally. Operator training is usually provided by the manufacturer at installation.