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THEWEEK

Budget 2023: Markets will be watching govt's fiscal consolidation plan

22nd January 2023

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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EPC WORLD

Our aspiration is to build a global enterprise, says Dr. Jairam Varadaraj, Managing Director, Elgi Equipments

19th January 2023

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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FINANCIAL EXPRESS

Creating a manufacturing future for India

14th January 2023

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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TIMES OF INDIA

World Class in Coimbatore

12th December 2022

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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ENGINEERING REVIEW

Diagnosis and resolution of compressor vibrations and cooling fan failure in an industrial plant

09th December 2022

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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ETCFO.com

When ‘Good-to-have’ changed to ‘Must-have’: Foresight and agility - the key levers to charting a new course during the Global Pandemic

01st December 2022

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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THE HINDU

Elgi Equipments net rises almost 40% to ₹72 crore

05th November 2022

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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PEOPLE MATTERS

ELGi Equipments’ Jairam Varadaraj calls for women-centric initiatives to achieve gender parity in STEM

28th September 2022

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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BUSINESS LINE

Elgi Equipments cautiously optimistic about achieving FY26 targets

19th September 2022

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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HR KATHA

How ELGi works out a scientific compensation model for blue-collared workers

2nd September 2022

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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