Get latest articles and stories on Business at LatestLY. Elecon Engineering Company Limited ( Elecon/Company ), Asia s largest manufacturer of industrial gear systems and material handling equipment clocked in consolidated revenue for FY22 of INR 12.03 billion (USD 159 million) and is poised at a growth trajectory that is inimitable with an eye to the future. Despite the challenges that the pandemic posed, Elecon took this opportunity to strengthen its business further. The Company underwent transformational changes, identified focus areas of improvement, and implemented various steps. Business News | Technology Advancement is the Way Ahead for Elecon Engineering as It Charters Its Formidable Growth.