Crompton Greaves

Crompton Greaves Ltd.

Type	Public company
Traded as	BSE: 500093NSE: CROMPGREAV
Industry	Electrical
Founded	1878
Headquarters	Mumbai, India
Key people	Gautam Thapar, Chairman Lauren Demortier, CEO
Products	Transformers, HT & LT Motors, DC Motors, Railway Signaling
Revenue	5,352.74 crore (US$1.07 billion)
Parent	Avantha Group
Website	www.cgglobal.com

Crompton Greaves (CG) (BSE: 500093, NSE: CROMPGREAV) is an Indian multinational engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution based in Mumbai. Its part of Avantha Group.

History

Col. R.E.B. Crompton founded R.E.B. Crompton & Company in 1878. The company was merged with F.A Parkinson in 1927 to form Crompton Parkinson Ltd. Greaves Cotton and Company, established by James Greaves in 1859, was appointed as their concessionaire in India.

In 1937, Crompton Parkinson established Crompton Parkinson Works Ltd. in Bombay as a wholly owned Indian subsidiary. In collaboration with Greaves Cotton, it also established a sales organization, Greaves Cotton & Crompton Parkinson Ltd. In 1947, just before India's Independence, Lala Karam Chand Thapar, an eminent Indian industrialist, bought Greaves Cotton, when the company was put up for sale. With this acquisition, Karam Chand Thapar gained control of several associated companies such as Crompton Parkison Works, Greaves Cotton and Crompton Parkinson Company.

The name Crompton Greaves Limited was adopted on 2 August 1966, following a court-directed amalgamation of Greaves Cotton and Cromption Parkinson Ltd.

Over the years, the company has evolved into one of India's largest private sector enterprises.

After the acquisition of the Belgium-based Pauwels Trafo/Pauwels Group in May 2005, Crompton Greaves was ranked amongst the world's top ten electrical transformer manufacturers. The company subsequently acquired a host of companies outside India. These include Ganz (Hungary), Microsol (Ireland), Sonomatra (France) and MSE Power Systems (USA).

Crompton Greaves is a part of the US$ 4bn Avantha Group, and is headquartered in a self-owned landmark building at Worli, Mumbai.

Products & Services

• Power Systems

• Transformers and Reactors
  
• Swtichgear Products-MV/HV/EHV/UHV
  
• Instrument Transformers-MV/HV/EHV/UHV
  
• Power Quality Solutions
  
• T&D Systems/Engineering Solutions
  
• Protection Control & Automation
  
• Services for Power Systems
  
• Transformer & Switchgear Components
  
• LV Switches & Panel Products
  

• Industrial Systems

• Motors: High/Low Voltage AC&DC
  
• Generators/Alternators
  
• Traction Motors/Alternators/Control Electrics
  
• FHP/Commercial Motors
  
• Railway Signaling and Coach Applications
  
• Drives and Automation
  
• Stampings and Laminations
  
• Services for Industrial Systems
  

• Consumer Products

• Fans
  
• Appliances
  
• Lighting
  
• Pumps
  
• Home Automation
  
• Integrated Security Systems
  
• Wiring Accessories
  

Avantha Group

The group was started by Lala Karam Chand Thapar, and after his death in 1963 run by third son, L.M. Thapar. From Independence till the 1980s the Thapar Group was one of the top 10 business houses in India.

Avantha is a thriving offshoot of the old conglomerate and Gautam Thapar represents the third generation of this illustrious business family, the baton having been passed on to him by his uncle, L.M. Thapar and his father, B.M. Thapar.

The new identity, Avantha, was launched worldwide on 15 November 2007.

Awards

• Received National Award for Best Research and Development Efforts in 2007.
  
• Received Best Product Competition Award for Dream Transformer from Electrama 2008.
  
• Received Golden Peacock Innovative Product / Service Award-2007.
  
• Received Golden Peacock Award 08-09 for NAPOKRETE ® based Instrument Transformer - Current Transformer & Voltage Transformer.
  
• Received NABL Accreditation for 5 of its labs & 1 calibration lab.

External Links

• Crompton Greaves Global