# 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.

- Type: Investment
- Announced: 2024-02-28
- Where: Coimbatore, India
- Value: $61.0M (5.00B INR)
- Status: announced
- Products: air compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Elgi Equipments](https://endata.com/companies/1552.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/elgi-mulls-a-long-term-spend-of-over-500-crore-to-consolidate-manufacturing-into-a-single-site/article67895967.ece), 2024-02-28: "We are running out of space in the current site that is located inside the city."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.