
Budget 2023: Markets will be watching govt's fiscal consolidation plan
CAPITAL MARKETS had a volatile 2022. The BSE Sensex swung 13,000 points, eventually closing 5 per cent up for the year. In 2023, too, returns could be modest, ranging between 5 and 7 per cent.
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Our aspiration is to build a global enterprise, says Dr. Jairam Varadaraj, Managing Director, Elgi Equipments
In the September quarter, the company registered 40% profit despite inflation and other macro factors such as Russia and Ukraine war, supply chain disruption, and increased raw material prices. What were the factors that benefitted the company?
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Creating a manufacturing future for India
Providing low-cost products of very high quality is the window of opportunity to launch India as a manufacturing powerhouse in the world.
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World Class in Coimbatore
When squeezing out toothpaste have you ever wondered how it went inside the tube? Compressed air did the trick and it’s quite possible the compressor was manufactured by Coimbatore-based Elgi Equipments. More than two million of its compressors are running in 120 countries.
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Diagnosis and resolution of compressor vibrations and cooling fan failure in an industrial plant
The issue of fan vibration has been a significant cause behind curtailed operations and shutdowns at various industrial plants. The article, authored by M.Jeyaselvan, Senior Principal Specialist-Technology who heads the NVH & CAE Expertise teams at ELGi Equipments Limited, provides a detailed analysis of the causes for these malfunctions.
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When ‘Good-to-have’ changed to ‘Must-have’: Foresight and agility - the key levers to charting a new course during the Global Pandemic
For a manufacturing organization with a footprint across the globe, we needed to solve for business continuity. And no different from others, we needed to do this, Right and Fast.
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Elgi Equipments net rises almost 40% to ₹72 crore
Consolidated sales at ₹739 crore compared with ₹652 crore in the year-earlier period. Compressor manufacturer Elgi Equipment consolidated profit after tax for the second quarter rose almost 40% to ₹72 crore
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ELGi Equipments’ Jairam Varadaraj calls for women-centric initiatives to achieve gender parity in STEM
Women-centric industry-academia collaboration is needed to bridge the gender gap in heavy industries, where the working environment isn't as luxurious as IT.
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Elgi Equipments cautiously optimistic about achieving FY26 targets
Elgi Equipments Ltd. has revised its revenue target upwards for FY26 under its strategic business plan as the leading air compressor manufacturer sees a positive growth outlook based on the current market conditions amid challenges associated with commodity inflation and the Ukraine war.
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How ELGi works out a scientific compensation model for blue-collared workers
The compensation framework reduces conflicts between the trade unions and the management
ELGi Equipment, a global manufacturer of air compressors has adopted a scientific way of calculating the compensation for its more than 370 blue-collared employees in India. The Company’s compensation framework takes into account the needs and aspirations of blue-collared employees.
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