Archive · 19 Sep 2025
Elgi Equipments: US Tariffs & GST 2.0 Impact Discussed
Elgi Equipments, an air compressor maker, hasn't seen problems from new US tariffs or GST 2.0 changes.
They plan to make $450 million by March 2026.
They're launching a new system that automatically adjusts air compressor delivery, saving energy.
The US market is using up old inventory at lower prices.
Elgi's income from exports is the same as in India.
Europe and the US make up nearly half of Elgi's exports.
Elgi Equipments sees no impact from the recent US tariff increase and GST 2.0.
The company is on track to achieve a $450 million revenue target by March 2026.
Elgi is launching a new Demand=Match System for compressors.
The US market is using older inventory and is not yet affected by tariffs.
Revenue from exports equals revenue from India for the company.
- Who
- Elgi Equipments
- What
- Company outlook and impact of market changes
- When
- Reported September 19, 2025
- Where
- India, US, and global markets
- Why
- Due to the US tariffs and GST 2.0 changes.
- Company
- Elgi Equipments
- MD
- Jairam Varadaraj
- Revenue Target
- $450 million by March 2026
- GST Rate for Compressors
- 18%
- Exports
- Equal to India revenue
- Export Markets
- US, Europe, Australia, Middle East, SE Asia
