# ELGi backs Rs 500 crore Coimbatore manufacturing expansion in bid for top-three compressor rank

ELGi Equipments plans a Rs 500 crore (about USD 57 million) manufacturing expansion at its Coimbatore campus as it targets a top-three global compressor position by 2035, according to an interview with its COO.

- Type: Expansion
- Announced: 2026-09-28
- Where: Coimbatore, India
- Value: $57.0M (5.00B INR)
- Status: announced
- Products: screw compressors, compressed air equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [elgi.com](https://www.elgi.com/in/news/elgi-eyes-global-top-three-position-bets-%e2%82%b9500-crore-on-expansion/), 2026-09-28: "ELGi targets a global top three position by 2035, backed by a Rs 500-crore Coimbatore campus, exports and energy-saving compressor technology."

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