CG Power and Industrial Solutions

CG Power and Industrial Solutions Limited
Company typePublic
BSE500093
NSECGPOWER
IndustryElectrical
Founded1937
FoundersR. E. B. Crompton
James Greaves
Headquarters,
India
ProductsTransformers, pump, HT & LT Motors, DC Motors, Railway Signaling
Revenue14,013 crore (US$1.7 billion) (2015)[1]
ParentMurugappa Group
Websitewww.cgglobal.com

CG Power and Industrial Solutions Limited, also known as Crompton Greaves Limited, is an Indian multinational company engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution & Rail Transportation. It is based in Mumbai and is a part of the Chennai based Murugappa Group since 2020, who acquired it from the Avantha Group.[2] The company was restructured in 2016 following the demerger of its consumer goods business.[3]

  1. ^ http://www.cgglobal.com/pdfs/Aud-FinRes-consolidated_1415.pdf Archived 25 November 2017 at the Wayback Machine [bare URL PDF]
  2. ^ Ahaskar, Abhijit (8 August 2020). "Murugappa Group led Tube Investments to acquire 56% stake in CG Power". mint. Retrieved 16 September 2020.
  3. ^ "Crompton Greaves Shares Tank 74% Ex-Demerger". NDTV.com. Retrieved 10 November 2020.