Hexatron93 at 21:20, 2 June 2023

2023-06-02T21:20:27Z

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{{Use British English|date=March 2013}}
{{Use dmy dates|date=March 2013}}
{{Infobox company
| name = Elecon Engineering Company Ltd.
| logo = Elecon engineering logo.png
| caption =
| type = [[Public company|Public]]
| traded_as = {{BSE|505700}} {{NSE|ELECON}}
| foundation = {{Start date and age|1951}}
| founder = Ishwarbhai B. Patel
| location_city = [[Anand, Gujarat|Anand]], [[Gujarat]]
| location_country = [[India]]
| area_served = Worldwide
| key_people = Prayasvin B. Patel (Chairman & MD)
| industry = Manufacturing
| products = Material handling systems Industrial gears Mining equipment
| revenue = {{down}} {{INR}} 807.15 Crore (US$ 115.3 million) (2021)
| net_income = {{up}} {{INR}} 36.26 Crore (US$ 5.1 million) (2021)
| subsid = Eimco Elecon Ltd. Power Build Private Ltd. Vijay M. Mistry Construction Benzlers and Radicon
| homepage = {{URL|elecon.com}}
}}
'''Elecon Engineering Company Limited''' is an Indian [[Multinational corporation|multinational]] company headquartered in [[Anand, Gujarat|Anand]], [[Gujarat]]. The company has its specialization in the manufacturing sector of industrial equipment. Elecon is one of the largest Asian manufacturers of material handling equipment, industrial gear systems and mining equipment.<ref name=elecon-aboutus>{{cite web |url=http://www.elecon.com/page.php?level1_id=33 |title=About Us |publisher=Elecon Engineering Company Limited |accessdate=2011-12-30 |url-status=dead |archiveurl=https://web.archive.org/web/20111111121917/http://www.elecon.com/page.php?level1_id=33 |archivedate=11 November 2011 |df=dmy }}</ref>

==History==
Elecon Engineering was established in 1951 in [[Goregaon]], [[Mumbai]] by Ishwarbhai B. Patel. The company's early focus was on engineering, procurement and construction projects in India and initially manufactured custom manufacturing [[conveyor system]]s. The company was then registered as a Private Limited company on 11 January 1960.

On May 1960, the company moved to its current location in [[Vallabh Vidyanagar]], [[Gujarat]] (now part of [[Anand district|Anand]]). Later, the company was listed on the [[Bombay Stock Exchange]] and the [[National Stock Exchange (India)|National Stock Exchange]].

In 1976, the company established its Gear Division, specialising in power transmission equipment and Industrial Gears. It designs and manufactures [[worm drive]]s, [[helical gear]]s, [[planetary gear]]s, [[coupling]]s, loose gears, custom gear boxs, and [[spiral bevel gear]]s. Its products target a range of industries, including steel rolling mills, [[wind turbine]]s, marine applications and space applications.

In 1995, Elecon established its Alternate Energy Division, for the design and manufacture of [[wind turbine]]s.

In 2012, Elecon Engineering secured two prestigious orders from the [[NTPC Limited|NTPC]] and Tecpro Systems.

==Divisions==
* '''Power Transmission''', Elecon's Power Transmission product range includes SNU Worm Gears, Helical Gears, Fluid, Geared & Flexible Couplings, Planetary Bucket Wheel Gearbox, Special Gears including Gear drive for seven roll stands in Tube Mill plant, Sheet metal un-coiler gearbox, Gear drive for piercing milling seamless tube plant, Assel mill gearbox in seamless tube plant, Drive for briquetting mill in continuous steel plant for hot strip mill, 330KW wind mill gear drive unit, Drive for sponge iron kiln, Marine gearbox for advanced offshore patrol vessel propulsion, among others.
* '''Materials Handling Equipment''', Elecon's Materials Handling division manufactures Belt Conveyors, Idlers and Pulleys , Elevators and Chain Conveyors, Stackers, Reclaimers, Stacker-cum-Reclaimers, Barrel type Blender Reclaimers, Bridge type Bucket Wheel Reclaimer, Wagon Tipplers and Beetle Marshalling Equipment, Side Arm Chargers & Pusher Car, Ship loader and Unloaders, Crawler and Rail mounted Trippers, Wagon Loaders, Crawler mounted Bucket Wheel Excavator, Spreader, Mobile, Transfer Conveyors and other surface Mining Equipment, Specialized shiftable conveyors for open cast mines, Drive heads and long distance conveyors, Salt Scraper and Scraper Reclaimer, Cable Reeling Drum, Apron Feeders, Paddle Feeders, Vibrating Feeders and Reciprocating Feeders, Roller Screen, Grizzly Feeders, Bin Vibrators, Impactors, Ring Granulators, Double/Single Roll Crushers, Hammer Mill Crushers, Rotary Breakers, Transfer Cars, Wind Turbine Generators.
* '''Foundry Division''', Elecon's Foundry Division (EFD) provides casting and machining services to several other companies other than Elecon group.

== Acquisitions and Subsidiaries ==

=== Acquisitions ===
In October 2010, Elecon acquired the Benzlers-Radicon Group, the power transmission division of UK-based [[David Brown Ltd.]]<ref name="machinist-br">{{cite news|date=29 October 2010|title=Elecon set to acquire Benzlers Radicon Group from David Brown Gear Systems|publisher=Machinist.in|url=http://machinist.in/index.php?option=com_content&task=view&id=2796&Itemid=2|accessdate=2011-12-30}}</ref><ref name="radicon-takeover">{{cite web|date=November 2010|title=Radicon Joins Asian Market-Leader in Industrial Transmissions|url=http://www.radicon.com/elecon-takeover.php|url-status=dead|publisher=Radicon|accessdate=2011-12-30|archiveurl=https://web.archive.org/web/20111028120835/http://www.radicon.com/elecon-takeover.php|archivedate=28 October 2011|df=dmy}}</ref><ref name="elecon-br">{{cite news|date=28 October 2010|title=Elecon Engineering Group acquires UK based Benzlers-Radicon Group|publisher=Elecon Engineering Company Ltd.|url=http://www.elecon.com/news_details.php?id=24|url-status=dead|accessdate=2011-12-30|archiveurl=https://web.archive.org/web/20120222201723/http://www.elecon.com/news_details.php?id=24|archivedate=22 February 2012|df=dmy}}</ref>

=== Subsidiaries<ref>{{Cite web|title=Elecon Group Companies {{!}} Elecon|url=https://www.elecon.com/about-us/elecon-group-companies|access-date=2021-08-17|website=www.elecon.com}}</ref> ===

* Eimco Elecon Ltd.
* Power Build Private Ltd.
* Vijay M. Mistry Construction
* Elecon Hydraulics

==References==
{{reflist|colwidth=30em}}

[[Category:Companies based in Gujarat]]
[[Category:Engineering companies of India]]
[[Category:Anand district]]
[[Category:Indian companies established in 1951]]
[[Category:1951 establishments in Bombay State]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Elecon Engineering - Revision history

Hexatron93 at 21:20, 2 June 2023