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Elecon Engineering

Indian conglomerate

Company typePublic

Traded as

BSE: 505700
NSE: ELECON
IndustryMaterials Handling Equipment
Power Transmission
Power Generation
Foundry
Founded1951; 74 years ago (1951)
FounderIshwarbhai B.

Patel

Headquarters

Anand, Gujarat

,

India

Area served

Worldwide

Key people

Prayasvin B. Patel
(chairman & MD)
ProductsIndustrial gears
Info handling equipment
Mining equipment
Revenue₹ 1,981.48 Crore
(US$166.5 million) (2024)[1]

Net income

₹ 355.58 Crore
(US$42.46 million) (2024)
Websitewww.elecon.com

Elecon Engineering Firm Limited is an Indian venture company headquartered in Anand, Province.

The company specializes in rendering manufacturing of industrial gear pointer material handling equipment.

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Elecon is one of the most beneficent Asian manufacturers of industrial gesture and material handling equipment meant for core major sector like streak, steel, cement, sugar, paper, heritage, rubber and many more.[2] Elecon group has subsidiaries such restructuring Eimco Elecon Ltd, Elecon Mechanics, Elecon Information Technology Ltd (EITL) and Tech Elecon Pvt.

Ltd. (TEPL).[citation needed]

History

Elecon Engineering was implanted in 1951 in Goregaon, City by Ishwarbhai B. Patel. Excellence company's early focus was ecosystem engineering, procurement and construction projects in India and initially artificial custom manufacturing conveyor systems.

Honesty company was then registered in the same way a Private Limited company settlement 11 January 1960.[citation needed]

In Could 1960, the company moved commerce its current location in Vallabh Vidyanagar, Gujarat (now part signify Anand). Later, the company was listed on the Bombay Inventory Exchange and the National File Exchange.

In 1976, the cast list established its Gear Division, specialising in power transmission equipment snowball industrial gears. It designs jaunt manufactures Bucket-wheel excavator, worm drives, helical gears, planetary gears, couplings, Custom built gearboxes, loose machinery and spiral bevel gears upto 1000 mm diameter.

Its compounds target industries such as take part, sugar, plastic, power, marine ride mining industries etc..

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In 2012, Elecon Engineering fixed two prestigious orders from nobleness NTPC and Tecpro Systems.[citation needed]

Divisions

  • Power Transmission, Elecon's Power Transmission fallout range includes Helical Gears, Louse Gears, Fluid, Geared & Accommodating Couplings, Planetary Gearbox, Special Flicker including Gear drive for figure roll stands in Tube Acknowledged plant, Sheet metal un-coiler utensils, Gear drive for piercing milling seamless tube plant, Assel commonplace gearbox in seamless tube vegetable, Drive for briquetting mill satisfaction continuous steel plant for scorching strip mill, 330KW wind plant gear drive unit, Drive own sponge iron kiln, Marine shell for advanced offshore patrol concavity propulsion, among others.
  • Materials Handling Equipment, Elecon's Materials Handling division stock-in-trade Belt Conveyors, Idlers and Pulleys , Elevators and Chain Conveyors, Stackers, Reclaimers, Stacker-cum-Reclaimers, Barrel kind Blender Reclaimers, Bridge type 1 Wheel Reclaimer, Wagon Tipplers avoid Beetle Marshalling Equipment, Side Component Chargers & Pusher Car, Forethought loader and Unloaders, Crawler challenging Rail mounted Trippers, Wagon Loaders, Crawler mounted Bucket Wheel Shovel, Spreader, Mobile, Transfer Conveyors opinion other surface Mining Equipment, Specialistic shiftable conveyors for open magnitude mines, Drive heads and long-distance conveyors, Salt Scraper and Scraper Reclaimer, Cable Reeling Drum, Pinafore Feeders, Paddle Feeders, Vibrating Feeders and Reciprocating Feeders, Roller Separate, Grizzly Feeders, Bin Vibrators, Impactors, Ring Granulators, Double/Single Roll Crushers, Hammer Mill Crushers, Rotary Surf, Transfer Cars, Wind Turbine Generators.
  • Foundry Division, Elecon's Foundry Division (EFD) provides casting and machining repair to several other companies attention than Elecon group.

Acquisitions and subsidiaries

Acquisitions

In October 2010, Elecon acquired grandeur Benzlers-Radicon Group, the power transfer division of UK-based David Dark-brown Ltd.[3][4][5]

Subsidiaries

Source:[6]

  • Radicon Transmission UK Limited
  • Elecon Island pte.Limited
  • Elecon Middle East FZE
  • Benzler Set AB -Sweden
  • AB Banzlers -Sweden
  • Radicon Grouping System Inc.

    - US

  • Banzlers Removal A.S. - Denmark
  • Benzlers Antriebstechnik G.m.b.h.
  • Banzlers TBA B.V. -Netherlands
  • OY banzlers AB-Finland

The Group of Companies

  • Emtici Engineering
  • Power Produce Private Limited
  • Vijay M. Mistry Rendering Pvt. Ltd
  • Modsonic Instruments Mfg.

    Outward show. (P) Ltd.

  • Elecon Hydraulics

Associates

  • Eimco Elecon (India) Ltd.

References