Elgi Equipments revealed a new collaboration. The company has partnered with Italy’s D.V.P. Vacuum Technology S.p.A. to produce, assemble, test, and market D.V.P.’s exclusive vacuum products in India. This alliance enables ELGi to diversify its product range to include vacuum products.
Elgi Equipments Limited offers a comprehensive range of compressed air solutions, encompassing oil-lubricated and oil-free rotary screw compressors, reciprocating compressors, and centrifugal compressors, as well as dryers, filters, and various downstream accessories. With a diverse portfolio exceeding 400 products, ELGi’s solutions cater to a wide range of industries.
For over fifty years, D.V.P. Vacuum Technology has been a prominent figure in the vacuum technology sector. Their range of vacuum pumps and compressors serves various industries including food and beverage, packaging, chemicals, medical, as well as wood, glass, and stone processing. Headquartered in San Pietro in Casale, Italy, D.V.P. also operates branches in the United States and Brazil.
D.V.P. Vacuum Technology S.p.A., known for its vacuum pumps, stands to benefit from ELGi’s strong manufacturing capabilities and extensive sales and service network in India, allowing them to tap into the rapidly expanding Indian market. Over the past few years, the global vacuum pump market has experienced consistent growth and is projected to reach a value of 6-7 billion USD by 2024.
“Initially, we will focus on establishing the business in India before expanding globally. We are delighted to collaborate with D.V.P. Vacuum Technology, a family-owned company with a long history in the vacuum industry since 1973. The team at D.V.P. shares our core values, and their products are renowned for their performance and quality,” stated Dr Jairam Varadaraj, Managing Director of ELGi Equipments Ltd.
President and CEO Roberto Zucchini of D.V.P. Vacuum Technology S.p.A. expressed enthusiasm about the agreement, stating that it will enable D.V.P. to enter India’s highly competitive vacuum market by utilizing Elgi’s manufacturing structure and distribution network. He also highlighted the potential for a mutually beneficial exchange of components, which could significantly enhance business development for both companies.
ELGi has been a leader in providing innovative products and compressed air solutions for various industries worldwide, including manufacturing, food and beverage, construction, pharmaceuticals, and textiles, across more than 120 countries. ELGi’s cutting-edge manufacturing facilities on three continents are dedicated to achieving carbon neutrality, conserving water, and implementing circular waste management practices.
