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Elgi Equipments has launched a SIM-based Internet of Things (IOT) service ‘Air Alert’ that informs its customers on strategic, analytical and operational data about their compressors. The company is targeting a 15% growth in business this fiscal. By the year-end, the company hopes to have this service on around 500 compressors.

Elgi Equipments is a holding company and an air compressor manufacturer. The company’s segments include Compressors, Automotive Equipments and Others.


Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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