Elgi Equipments Limited (EEL) was incorporated on March 14, 1960 as a Private Limited Company. The Company thereafter converted the status into a public limited Company in 1975 and came out with a Public Issue of 75,000 shares. The promoters of the Company include Dr. Jairam Varadaraj, Sudarsan Varadaraj, Anvar Jay Varadaraj, and others. Presently, it is engaged in manufacture, trading of air compressors and providing after sales services.
The Company has manufacturing plants in Coimbatore, India. As part of its modernisation plans, the company invested Rs 40 crores in the upgradation and expansion of the manufacturing facilities, especially of compressors.
The company was initially manufacturing garage equipment like low-range reciprocating compressors, car-washing machines and hydraulic lifts, with technical know-how from Pumpen Fabrik Urach, Germany. Later, in technical collaboration with Landwehr, Germany, the company started manufacturing lubricating equipment. During 2003-04, the company included three new products namely, Vayu Series Borewell Compressors, 3.5KVA Genset and Electronic Tyre Inflator. In the year 2004-05, the company commissioned its first Four Centrifugal Compressor and Tank Mounted Screw Compressor.
The company has obtained the technology for the manufacture of pasteurising plants from Gobel, Germany; screw compressors from Sullair Corporation, the US; bottle-washing machines from Krones, Germany; and automatic vehicle- washing machines from Ceccato, Italy. To strengthen its technologies, the company has tied up with City University, London, and hired consultants to help improve its products and processes. In 1999-2000, a branch office was established in SriLanka to explore the Sri Lankan market. During 2004-05, the company entered the petrol or kerosine engine business through an association with Robinson of Japan via their associates in Sri Lanka.
In Aug. 2000, Elgi Equipments has entered into technical collaborations with Hita