News | ELGi - Part 7

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ELE TIMES

Embracing the Future: Enabling Smart Manufacturing

17th August 2023

In today’s rapidly evolving world, technology is revolutionizing every aspect of our lives, and the manufacturing industry is at the forefront of this transformation. I am excited to explore the incredible potential of digitally connected “Smart” manufacturing systems. With the democratization of data and advancements in communication technology and connectivity, we are entering a new era of innovation, productivity, and user experience.

PUBLISH INDUSTRY INDIA

Powering Sustainability

11th August 2023

Renewable energy allows manufacturing companies to address climate change, achieve cost savings, enhance energy security, comply with regulations, drive innovation and demonstrate corporate social responsibility. By transitioning to renewable energy sources, manufacturing companies can contribute to a sustainable future while reaping numerous economic and environmental benefits. Here is deep dive into the transformative rol of renewable energy in manufacturing and where you can begin.

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.

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