Primer: Elecon Engineering (ELCN IN) - Aug 2026
Dominant Market Position with Strong Order Book: Elecon is a market leader in the Indian industrial gears market with an approximate 38% share,...
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Elecon Engineering (ELCN IN)
Elecon Engineering (ELCN IN)
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Analysis
Industrials • India
Elecon Engineering Co. Ltd. is an Indian multinational company specializing in the manufacturing of industrial gear and material handling equipment, offering end-to-end solutions including design, manufacturing, supply, erection, and commissioning. The company produces industrial gears like helical, worm, and planetary gearboxes, as well as material handling equipment such as stacker reclaimers, wagon tipplers, and conveyors. Headquartered in Vallabh Vidyanagar, Gujarat, India, the company was established in 1951.
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