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.