ELGi Equipments Revolutionizing Industrial Relations Debolina Dutta Biju Varkkey
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“I am a proud citizen of India. And if you were to ask me which country is more advanced in terms of industrial relations, India or Germany? Without any hesitation, I would choose India. discover here The country has the most sophisticated industrial relations policies that are well-known across the globe. The government of India has initiated several reforms that have made India a perfect laboratory to study industrial relations. One of the most important reforms is the Act for Protection of Employment in Industry (P.E.I) passed in the year 1
SWOT Analysis
In this short narrative, I discuss how ELGi Equipments has revolutionized the industrial relations landscape, as demonstrated by my own experience working for a company in the past. The experience has given me first-hand insight into the problems faced by employees in different industries, the strategies that ELGi uses to resolve them, and the potential benefits they bring. The ELGi Equipments I work for is one of the most respected names in the equipment manufacturing industry. It has been in operation for over three decades now, providing top-of-the-
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A company’s Industrial relations can be viewed as the collective relationships between an organization and its employees, as well as their management. This is because the business is not just defined by its products and services but also by its human capital. Thus, human resource management, also known as Industrial relations, is a crucial function for any organization. It not only focuses on attracting, retaining, and developing talented employees, but also involves issues like training, compensation, conflict resolution, performance evaluation, and staff management. At ELGi Equipments,
Problem Statement of the Case Study
I came across ELGi Equipments during my last project in a research lab, and was surprised to read about its impressive product line. It’s an Indian multinational manufacturer of electronic and electrical equipment. ELGi has been in the field for over 50 years and is a pioneer in introducing environment-friendly technologies. The main focus of its production is on energy saving, efficiency, and environment-friendly products. Its aim is to revolutionize the relationship between its industrial customers and their equipment. The Company’s product range includes
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Elgi Equipments, the leading manufacturer of industrial washing machines in India is on a fast-track to revolutionize industrial relations in the country. While some organizations have seen remarkable improvements in workplace relations, with better management and human resource practices, many others still grapple with a number of challenges. In recent years, Elgi Equipments has been recognized for its innovative, sustainable and cost-effective washing machine solutions. The company has built a global reputation for product quality, excellent after sales service, industry-leading customer satisfaction and
VRIO Analysis
In India, the construction sector has a humongous contribution to the economy. According to a report by the Ministry of Housing and Urban Affairs, 330 million people live in slums, 51% of whom live below the poverty line. The country has also a huge number of contract workers, temporary workers, and migrant workers who are unable to find permanent employment, leading to financial hardships and social isolation. However, ELGi Equipments, a reputed player in India, is revolutionizing industrial relations in a big
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ELGi Equipments, a Bangalore-based manufacturer of industrial vacuum cleaners and accessories, has been setting a pace in the domestic market in recent years. As per the current estimates, ELGi’s share in the Indian industrial vacuum cleaner market is 15%. “This was a market of ₹180 million, with demand in the range of ₹200 million, and a sizeable gap between the total demand and our capacity to supply,” said Amit Srivastava, managing director, ELGi V
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ELGi Equipments Revolutionizing Industrial Relations Debolina Dutta Biju Varkkey: I have always been a fan of ELGi Equipments. They have the best and most innovative products for the industrial sector. They not only manufacture equipments but also provide support, maintenance, and expertise. They have revolutionized the traditional way of conducting industrial relations. They have a new concept called “Workers’ Lounge” or “Coffee Corner,” which has been a hit with the employees. This space not only allows