ELGi Equipments Expands Portfolio with D.V.P. Vacuum Technology Partnership
ELGi Equipments, a global leader in air compressor manufacturing, has announced a strategic partnership with D.V.P. Vacuum Technology S.p.A., Italy. Under this collaboration, ELGi will manufacture, assemble, test, and distribute D.V.P.’s vacuum products in India, expanding its product range to include vacuum solutions.
With this agreement, ELGi aims to tap into the fast-growing Indian vacuum market and enhance its presence in high-growth sectors. Leveraging D.V.P.’s expertise in vacuum pumps and ELGi’s robust manufacturing capabilities and extensive sales network in India, both companies aim to capitalize on synergies and drive mutual business growth.
Dr. Jairam Varadaraj, Managing Director of ELGi Equipments Ltd., emphasized the strategic importance of this move, stating, “Vacuum complements compressed air and presents comparable profitability. This partnership allows us to diversify our product portfolio, extend our market reach, and leverage synergies in technology, manufacturing, and marketing. We are excited to collaborate with D.V.P. Vacuum Technology, known for their performance and quality in the vacuum industry.”
Roberto Zucchini, President and C.E.O. of D.V.P. Vacuum Technology S.p.A., expressed optimism about entering the Indian market through this partnership with ELGi. He highlighted the potential for synergies in component exchange and mutual business development.
With a legacy of over 60 years, ELGi has been a trusted provider of compressed air solutions across various industries worldwide. Their commitment to sustainability is reflected in their state-of-the-art global manufacturing facilities, focused on carbon neutrality, water conservation, and circular waste management.
Through this partnership, ELGi aims to further strengthen its position as a leading provider of innovative solutions in the Indian market and beyond.
Original source EngMag
