Elgi Equipments (BSE: 522074 NSE: ELGIEQUIP), a global leader in air compressor manufacturing, in partnership with Amrita Vishwa Vidyapeetham, Coimbatore, announces the launch of the CATALYST Scholarship Program, a fully funded initiative designed to support 20 academically outstanding students from economically disadvantaged backgrounds.

Beginning in the 2025-26 academic year, the program will provide top-tier education in Mechanical Engineering and hands-on training, leading to a B.Tech degree and guaranteed career opportunities at ELGi, reinforcing the company’s commitment to education, social impact, and industry excellence.

Dr.Jairam Varadaraj, Managing Director, Elgi Equipments Ltd., said, “At ELGi, we believe that high-quality education has the power to drive meaningful change—not just for individuals, but for entire communities. CATALYST, the ELGi-Amrita Scholarship Program goes beyond financial support; it is about creating opportunities, nurturing exceptional talent, and equipping future engineers with the skills they need to innovate and lead. This initiative reflects our deep commitment to social impact and industry excellence, ensuring that deserving students have access to world-class education and a clear pathway to success. We are proud to partner with Amrita Vishwa Vidyapeetham University to turn this vision into reality.”

Prof. C. Parameswaran, Principal Director, Corporate and Industry Relations, Amrita Vishwa Vidyapeetham said, “We appreciate ELGi’s vision in investing in the next generation of technological leaders. This partnership will not only support these 20 academically outstanding students’ academic pursuits but also provide them with valuable industry exposure and assured placement in Elgi, thus preparing them for success in their chosen careers. This programme is a testament to the power of Industry-Academia Partnership in transforming lives and shaping the future of our younger generation.”

ELGi’s commitment to being #AlwaysBetter is driven by its purpose—delivering compelling value to stakeholders while positively impacting the lives of the communities it serves. For over three decades, ELGi School has helped hundreds of students from low-income families by providing access to affordable, high-quality education. Staying true to its mission of “giving back to society by developing good citizens through holistic quality education at a subsidized cost,” the school continues to help students overcome challenges and achieve their aspirations.