ELGi announces a relationship with Italy's DVP Vacuum Technology and expands its offering to include vacuum products in India!
Elgi Equipments Ltd., one of the world’s top air compressor manufacturers, has announced a cooperation with D.V.P. Vacuum Technology of Italy to produce, assemble, test and distribute D.V.P.’s unique vacuum products in India.
With this arrangement, ELGi will broaden its product offering to include hoover items. D.V.P. Vacuum Technology S.p.A., a vacuum pump manufacturer, would benefit from ELGi’s strong production competence and broad sales and service presence in India to get access to the rapidly expanding Indian market.
The worldwide hoover pump market has grown steadily over the last several years and is expected to reach 6-7 billion USD by 2024.
Elgi Equipments Ltd., one of the world’s top air compressor manufacturers, has announced a cooperation with D.V.P. Vacuum Technology of Italy to produce, assemble, test and distribute D.V.P.’s unique vacuum products in India.
With this arrangement, ELGi will broaden its product offering to include hoover items. D.V.P. Vacuum Technology S.p.A., a vacuum pump manufacturer, would benefit from ELGi’s strong production competence and broad sales and service presence in India to get access to the rapidly expanding Indian market.
The worldwide hoover pump market has grown steadily over the last several years and is expected to reach 6-7 billion USD by 2024.
Roberto Zucchini, President and CEO of D.V.P. Vacuum Technology S.p.A., stated, “This arrangement will enable D.V.P. to join the highly competitive Indian vacuum market by using Elgi’s manufacturing structure and distribution network. Furthermore, there are exciting potential for a synergistic exchange of components, as well as the possibility of enabling reciprocal company development.”
For almost 60 years, ELGi’s pioneering technologies and compressed air solutions have serviced a wide range of sectors, including manufacturing, food & beverage, construction, pharmaceuticals, and textiles.
ELGi’s cutting-edge global production facilities, which span three continents, power a 400-plus product range while also committing to carbon neutrality, water conservation, and circular waste management.
