ELGi Targets Top 3 Global Position and No. 1 in India by 2035
ELGi Equipments aims to rank among the top three global air compressor manufacturers and secure the top position in India by 2035. The company's strategy includes enhancing customer engagement and increasing renewable energy usage to 90% over time.
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ELGi Equipments is currently the sixth largest globally and second in India in the air compressor sector, with a goal to be number one in India and among the top three worldwide by 2035. The company is investing ₹600 crore in Coimbatore and relocating operations to Kinathukadavu as part of its expansion strategy.
Approximately 50% of ELGi's revenue comes from India, with the U.S. contributing nearly 90% of international revenue. The company recorded a growth rate of around 3% last year, aiming for 4% to 5% in the coming years.
ELGi is committed to advancing energy-efficient technologies while increasing renewable energy sourcing from 70% to 90%. Products showcased at INTEC 2026 include advanced compressors and essential air accessories, emphasizing efficiency and sustainability.
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