Crompton Greaves Limited Description

Crompton Greaves Limited is one of the world's leading engineering corporations providing end to end solutions. The company helps their customers use electrical power effectively and increase industrial productivity with sustainability. The company was established in 1937 in India and since then it has held the leadership position in the management and application of electrical energy. The company portfolio ranges from transformers, switchgear, circuit breakers, network protection & control gear, project engineering HT & LT motors, drives, power automation products and turnkey solutions. It has been structured into 2 SBUs: Power systems and Industrial systems. The company now enjoys manufacturing bases in Belgium, Hungary, Indonesia, Ireland, France, UK and US, in addition to more than twenty manufacturing locations in India. They are also employing more than 8,000 employees worldwide with diverse nationalities and cultures. The company has been paying a lot of attention on its reputation which is why they are aggressively investing in their research and development, product certifications, their product qualities, and operational excellence. Their global R&D is located in India, and has been recognized for its innovation. All the companies facilities across the globe have taken actions to ensure that their consumers receive consistent world class quality for all their products and solutions in almost all parts of the world. CG is well positioned to provide its customers with value added solutions, technology driven and providing a broad product portfolio. The company is a proud part of Avantha Group, which is a reputed Indian Industrial conglomerate which is led by Mr Gautam Thapar (chairman). Avantha has their interests in diverse areas when it comes to business. The interests include pulp and paper, power generation, transmission and distribution equipment, food processing, farm forestry, chemicals, infrastructure, IT & IT enabled services. CG offers products, services and solutions through multiple revenue streams which has been divided into two segments. Industrial systems is also involved in the business of power conversion equipment. They are largely India focused with a strong market presence and market leadership position in various other segments. They also deal with the foreign markets through their facilities in Hungary and exports. The company's R&D centers cater to new product development and technology for its strategic business units.