Commerce Dashboard

Crompton Greaves Consumer Electricals Ltd

Go Back

Crompton Greaves Consumer Electricals Ltd

  • Leading market position in fans, domestic pumps, and street lighting segment
  • Rapidly expanding in household appliances
  • Long term brand legacy
  • Eight manufacturing plants in India
  • Consolidated total income of Rs 4,579.31 crore (US$ 649.64 million) in FY20

Crompton Greaves Consumer Electricals Ltd is a leading player in India’s consumer electricals sector with a wide portfolio, which includes fans, lighting, pumps and household appliances. The company dates it origin back to 1947 when Mr L K Thapar, an eminent Indian industrialist, took over Crompton Parkinson Works Ltd and Greaves Cotton & Crompton Parkinson Ltd. The company was now part of the Thapar Group. In 1966, these two companies were merged to form CG Power and Industrial Solutions Limited. In 2015, the consumer durables business was demerged to form a separate entity, Crompton Greaves Consumer Electricals Ltd. In FY20, the electric consumer durables segment of CGCEL earned revenue of Rs 3,389.04 crore (US$ 480.78 million).

Company Website: www.crompton.co.in

Crompton – Let’s Hangout Ghar Pe!

2020 Launched new Energion range of ceiling fans powered by ActivBDLC Technology
2019 Launching new variety of its product
2017 Became 2 lighting company in the country
2016 Listing and trading of company on NSE and BSE in May 2016
2016 Launch of sustained brand campaign in April 2016
2015 Start of operations as an independent entity in October 2015
2015 Consumer business of the company was demerged to form a separate entity
1966 The two companies were merged to form CG Power and Industrial Solutions Limited
1947 Crompton Parkinson Works Ltd and Greaves Cotton & Crompton Parkinson Ltd acquired by Mr L K Thapar, Founder of Thapar Group

 

Updated: May, 2019

Consumer Durables
Shipment of TVs in India increased 15 per cent annually to reach the highest-ever level of 15 million units in 2019 on the back of rising demand for affordable smart television sets.