ELGI Sauer Compressors Ltd, a joint venture between Elgi Equipments Ltd and Germany-based Sauer Compressors Group, has set up a manufacturing facility at an investment of about Rs 400 million. Spread across 50,000 sq ft at Kallapalayam near here, the facility would manufacture state-of-the-art high-pressure compressors, pressure-reducing stations and portable breathing air compressors for industrial, shipping, naval and off-shore markets, officials said.
Leading classification society, the Indian Register of Shipping, has opened a new office in Coimbatore, Tamil Nadu. The premises were recently inaugurated and has been operational since February 1, 2022. Coimbatore is one of the most industrialized cities in Tamil Nadu with a diversified manufacturing sector which includes more than 25,000 small, medium and large-scale .