ELGi plans over ₹500 crore campus investment to consolidate Coimbatore manufacturing

ELGi Equipments plans a long-term investment of more than ₹500 crore to build new buildings and production lines on its 120-acre campus outside Coimbatore. It will progressively move city factory operations there over five to six years.

“We are running out of space in the current site that is located inside the city.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comELGi mulls a long-term spend of over ₹500 crore to consolidate manufacturing into a single site - The HinduBusinessLineFeb 28, 2024

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