Ingersoll-Rand (India) Ltd

Past performance
Performance overview
Ingersoll-Rand (India) Ltd
About Ingersoll-Rand (India) Ltd Ingersoll-Rand India Ltd, established in 1921, is a prominent provider of industrial solutions, specializing in the manufacture and sale of air compressors. With a manufacturing facility in Naroda, Ahmedabad, the company caters primarily to the Indian market while also exporting to American, Asian, and European regions. Initially a trading business, the company transitioned to manufacturing in 1965 with its first plant in Gujarat, expanding over the years to include operations in Bangalore and Chennai. Over its history, Ingersoll-Rand India Ltd has strategically divested and restructured various segments, focusing on its core Air Solution Segment. Significant changes included selling divisions to companies like Atlas Copco and Volvo, and consolidating manufacturing facilities. The company further advanced its capabilities with the launch of a solar plant in Gujarat during 2021-22. It is part of Ingersoll Rand Inc, following a merger with Gardner Denver, with the promoter group's shareholding at 75% post a public equity sale in 2020.
Website ingersollrand.co.in
Founded 1921
Headquarters Bangalore