• Download mobile app
11 Jul 2020, Edition - 1824, Saturday

Trending Now

  • Asia Cup 2020 has been cancelled, says BCCI president Sourav Ganguly.
  • 2 labourers were injured after Pakistan’s Army fired to stop civilian bunker construction in Karnah, LOC.
  • Kanpur encounter case: Vikas Dubey has been arrested.

Coimbatore

Elgi eyes second slot in global air compressor market

Covai Post Network

Image credit : Illustrative image

Coimbatore : With a goal to be the second biggest player in the global air compressor market by 2027, city-based Elgi Equipments is displaying a new product at the expo to be held in April next in Hanover in Germany, a top company official said.

The firm stood number two in the country and number seven globally, Elgi Managing Director, Jairam Varadaraj told reporters here.

The company had 12 installations of the new product.

Made in India products had not made any major impact at the global level, he said, adding that Elgi’s technology breakthroughs would transform the conventional boundaries of compressor technology with a relentless focus on increasing performance and energy efficiency.

With the number one company with $5 billion and the next at $1.38 billion, it was a hard task to bridge the gap and reach to the aspiring spot, he said.

Earlier, the company welcomed over 200 employees, students and industry representatives to the 1st edition of Technology Day 2018 and unveiled the company’s ‘State of The Future Art’– a signature initiative focused on fostering innovation.

Subscribe To Our Newsletter

COIMBATORE WEATHER