Elgi aims to become 2nd largest air compressor-maker in world Coimbatore, Nov 11 (PTI) City-based Elgi Equipments isaiming to become the second largest air compressormanufacturers in the world with a turnover of USD 1.6 billionby 2027, a top executive of the company said.
The company was now the first globally establishedindustrial air compressor manufacturer to be awarded theDeming Prize for excellence in total quality management (TQM),its managing director Jairam Varadharaj told reporters onSunday.
ELGis TQM journey began in 2008 and gained momentumfrom 2014 with an aim to turn the company into the secondlargest air compressor manufacturer by 2027, he said.
Dedicating the award to all employees of Elgi, he saidElgi, which is at seventh position, is aspiring to become thesecond largest air compressor manufacturer in the world byachieving USD 1.6 billion (the current second spot has USD 1.5billion) in the USD 15-billion world market. PTI NVMNVG NVG