News | ELGi - Part 4

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MODERN MAFUFACTURING INDIA

From Strength to Strength

August 2023

Dr Jairam Varadaraj, Managing Director, Elgi Equipments Ltd, in this thoroughly insightful interview with MMI’s Editor-in-Chief Soumi Mitra, shares the company’s evolution, highlights its key milestones and expanding global footprint, underlines the importance of innovation, R&D, and sustainability, and applauds the technology team, helping us gain a deeper understanding of the company and its trajectory.

EQUIPMENT INDIA

ELGi air compressors meet the industry benchmark for noise levels

3rd August 2023

Construction equipment operators consider several essential factors to ensure they select the right equipment for their specific needs. These factors include performance and efficiency, productivity, portability, power source, airflow and pressure, durability, noise level, maintenance and serviceability, and safety features.

THE MACHINIST

EASE OF DOING BUSINESS TO EASE OF LIVING: HOW THE MANUFACTURING SECTOR EVOLVED FOR THE WORKFORCE

July 2023

The panel deliberated on how Ease of Doing Business is impacting the manufacturing industry. They also discussed how the industry has transitioned from focusing solely on ease of doing business to prioritising ease of living for employees.

BUSINESS LINE

Elgi Equipments revises FY26 revenue target upwards based on FY23 show

11th July 2023

The company reviews its revenue, EBITDA and ROCE targets under SBP FY26 every year based on prior results and macroeconomic conditions

ENGINEERING THE FUTURE

ELGi, ALWAYS BETTER

16th June 2023

Since its inception in 1960, ELGi has adopted innovation as a critical differentiator, keeping pace with global compressor technology trends and evolving customer needs. This approach has primarily contributed to “what we are” and “where we are” today.

OEM UPDATE

AI to enhance equipment utilisation and QC

12th June 2023

According to Bheemsingh Melchisedec, the Director of Operations at ELGi Equipments, integrating AI into an IoT systemfor industrial equipment enables the equipment to autonomously evaluate data, analyse it, make decisions, and notify management to take necessary actions.

MANUFACTURING TODAY

EMBRACING INDUSTRY 4.0 : THE FUTURE OF HEAVY MACHINERY MANUFACTURING

June 2023

THE GLOBAL MANUFACTURING INDUSTRY IS going through a serious digital transformation called Industry 4.0 and the heavy machinery manufacturing sector is undergoing a profound transformation. According to Epicor, Industry 4.0 is “A new phase in the industrial revolution that focuses heavily on interconnectivity, automation, machine learning and real-time data.

MANAGEMENT INTERVIEW

Interaction of Dr. Jairam Varadaraj - Managing Director, ELGi Equipments Limited with Efficient Manufacturing Magazine

June 2023

You have mentored the organization's business strategy for nearly 30 years now; looking back, how do you trace this journey? The journey started in the early 90s when India was going through a lot of changes. It was opening up its economy and integrating itself into the world at that time. Until then, there was a licensing system with the markets protected and high import duties for all products. Since this was being dismantled, we had to rethink our strategy. We were into 8 to 9 different products at that time, and we decided to sell or shut down quite a few.

OEM UPDATE

ELGi focuses on achieving a high market share in India, recognises long-term growth potential in Europe

2nd May 2023

During the Hannover Messe 2023, Jairam Varadaraj, MD, and Chris Ringlstetter, President-ELGi Europe, emphasised that all their machines are either newly launched or less than six months old, primarily highlighting efficiency, following their dedication to providing quality and durability. They aimed to draw in more channel partners, educate them about products, introduce new offerings, and showcase the latest innovations.

PRODUCT NEWS

ELGi announces developments to its Drill series compressors

May 2023

ELGi Equipments, one of the world’s leading air compressor manufacturers, has recently developed several models in its Drill series diesel-powered skid mounted portable compressors, delivering efficiency, reliability, serviceability, and space saving gains.

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