The Gear Manufacturing Market in India will be on a healthy growing trend for the next 5 years. Factors like government spending and stimulus packages in the infrastructure have been actively driving the market. Moreover, industries like Cement, Steel, Sugar, Power-generation, Material Handling, Mining, Construction and Manufacturing are some other key drivers for the economy. Gear customers now expect the latest technology and brilliant quality at an affordable and optimum pricing. However, a lot of major players still struggle to balance between cutting-edge technology, quality, and competitive price offering, making it difficult for buyers to put blind faith into procured products and services.
Based out of Gujarat, Elecon Engineering is known as a pioneer of Material handling equipment and one of Asia’s largest manufacturers of industrial gears and Drive systems. The company is all geared up to fight industry challenges. To meet client expectations, Elecon has increased its spending on plant and machinery for the last few decades, and currently Elecon’s factory is a state-of-the-art facility producing world class quality gearboxes at a minimum possible lead time backed by the latest technology.
Established in the year 1951, Elecon Engineering Company is the pioneers in the manufacturing of
Industrial Gears, Geared motors and Reducers, Material Handling Equipment, Mining equipment, casting processes and more. Talking about Elecon’s competency in the gear manufacturing sector, Prayasvin Patel, Chairman & Managing Director says, “Elecon Engineering Company. is the 3rd largest Material Handling solutions company in the country. Our facilities boast of in-house design, manufacturing, fabrication, component manufacturing, and support system in a Vertically Integrated Model.”
Combining Expertise with Innovation & Technology
Elecon works as a One-Stop solution company with global presence for Mechanical Power Transmission equipment supply having a vast range of products covering all applications & product types. Elecon works more as a solution provider to customers rather than only as a Gearbox vendor. While competition in India mostly concentrates on price selling, Elecon always emphasizes on reduction of ‘Total Cost of Ownership’ for its customers and thereby gradually increasing repetitive customers. This is achieved by providing the optimum technical solution, right product at an appropriate price and maintaining world class quality.
Prayasvin mentions, “Custom built and special gear boxes demand the best and the latest engineering practice related to Innovation, Design and Manufacturing so that it sits comfortably at the client’s designed equipment and performs for years. Elecon’s qualified large Design Office is equipped with the latest technology, backed by the sophisticated factory boasting a trained workforce that delivers quality products that match with client expectations.”
Path Ahead
Though the company had humble beginnings post inception in the year 1951, over these 70 years of operations Elecon Engineering has been able to establish a name for itself due to their relentless commitment to quality products and services.
Currently the company is focusing on enhancing and upgrading their gearbox refurbishing division. Elecon is all geared up to accommodate multiple makes, sizes and capacity of refurbishing services for both Industrial Gearboxes as well as Wind-mill Gearboxes with sophisticated infrastructure through high precision equipment. Moreover, Elecon Engineering is on its path to establish its export divison as part of its strategic growth.
Talking about the refurbishing market, Patel concludes, “Service Industry is witnessing massive growth in demand for Gearboxes, wherein a Gearbox manufacturer renovates and upgrades an old gearbox to extend its longevity and functionality. Such refurbishment work needs to be in a factory outlet and should be well spread across geographical territory. Elecon’s couple of refurbishment centers in Gujarat and at Madurai in down South exactly performs the said job. Gearbox can be of any type, application, and age – however once it enters Elecon refurbishment center it goes out in a new look to perform years long down the line.”
