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Crompton Greaves

 
Hoover's Profile: Crompton Greaves Limited
 
(Mumbai:500093)
Contact Information
Crompton Greaves Limited
CG House, 6th Fl., Dr. Annie Besant Rd., Worli
Mumbai 400 030, India
Tel. +91-22-2423-7777
Fax +91-22-2423-7788

Type: Public
On the web: http://www.cglonline.com

Don't grieve for Crompton Greaves (CG). Part of the Avantha Group, CG is one of the largest private sector enterprises in India, and is engaged in the design, manufacture, and marketing of advanced electrical products and services related to power generation, transmission, and distribution. CG has 24 global subsidiaries to handle the needs of utility, electricity, and high-tech companies, as well as consumer products makers. Companies include Power Grid Corp. (India), Infosys, ABB, Steel Authority (India), and Whirlpool, to name a few. The company's three business divisions are Power Systems (transformers, switchgear), Industrial Systems (motors), and Consumer Products (fans, light sources, pumps).

Officers:
Chairman: Gautam Thapar
Managing Director: Sudhir M. Trehan
CFO: B. R. Jaju

Competitors:
ABB
GE Energy
Siemens AG

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Wikipedia: Crompton Greaves
 
Crompton Greaves Ltd.
Type Public company BSE:Crompton
Founded 1878
Headquarters Worli, Mumbai,India
Key people Mr. G.Thapar (Chairman)
Industry Electrical
Products Transformers, HT & LT Motors, DC Motors, Railway Signaling
Revenue 72490.80 crores Rs 2008-2009

Crompton Greaves (CG) is an Indian multinational engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution.

History

In 1947, Greaves Cotton & Crompton Parkinson Ltd was bought by Lala Karamchand Thapar. After the acquisition of the Belgium-based Pauwels Group in May 2005, CG became amongst the top ten electrical transformer manufacturers in the world. Crompton Greaves has largest transformers export market share in India. The company's world market share further increased in 2006, with the acquisition of Ganz, a transformer manufacturer based in Hungary.

Today, Crompton Greaves, exports transformers to more than 50 countries world-wide.

The company has plants in Mumbai, Ahmednagar, Goa, Bhopal and Nasik in India, and at Bogor near Jakarta in Indonesia.

The Thapar Group

Ballarpur Industries Limited [1] , Bilt Paper Holdings Limited, Orient Engineering and Commercial Company Limited, The Pioneer, Sohna Stud Farm Pvt Limited, TT & G Trading Pvt Limited, iBilt Technologies Limited, Bilt Middle East Pvt Limited, Himalayan Hideaways Pvt Limited, Karam Chand Thapar & Bros Limited, Lavasa Corporation Limited and KCT Papers Limited are some of the Thapar group companies. Other Thapar group companies and concerns in India are; the Pioneer newspaper, Thapar house on Janpath lane, Tiger Bay restaurant, Global Green. The Crompton Greaves [2], Greaves Cotton and JCT group is with MM Thapar. His son Samir Thapar runs JCT Mills and JCT Limited and his son Arjun Thapar runs JCT electronics.[3] Bilt Chemicals and Bharat Starch was vested with BM Thapar and hence would be under his sons Gautam and Karan Thapar's control. Gautam has also been named by L.M. Thapar as the successor of his group of companies. IM Thapar's son Vikram Thapar looks after his group which includes the Calcutta based coal trading business K.C Thapar started out with and prawn farms for prawn exports as well as the Tiger Bay restaurant chain. Thapar Institute of Engineering and Tech is a group project funded by the Thapars. JCT Mills FC is a Football club of JCT Mills.

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Wikipedia. This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Crompton Greaves" Read more