Elgi Equipments unveils new brand identity
Elgi Equipments has unveiled a new brand identity and logo as part of its endeavour to become the world’s number-two player by 2027. Specialising in air-compressors, Elgi is banking on innovation to offer energy efficient and oil free compressors. Having earned a name for itself by offering sustainable solutions that are helping companies to achieve their productivity goals and keep the cost ownership low, Elgi is laying emphasis on indigenous technology, and research and development to innovate. With a product portfolio that includes oillubricated and oil-free rotary screw compressors, oil-lubricated and oilfree reciprocating compressors, centrifugal compressors, dryers, filters and downstream accessories, the company to keen to carve out a larger share of the market. The air compressor market is growing steadily, and is anticipated to bridge the USD 20 billion mark by 2023, with 3.6 per cent CAGR from 2016 to 2023.