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 FY22, the electric consumer durables segment of CGCEL earned revenue of Rs. 5,453.10 crore (US$ 685.68 million).
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- 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 net sales of US$ 272.01 million (Rs. 2,138 crore) in Q1 FY25.
Crompton – Let’s Hangout Ghar Pe!
Year |
Milestone |
2024 |
Crompton wins the prestigious National Safety Award 2023, at the 11th Global Safety Summit.
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2023 |
In March 2023, Crompton Greaves Consumer Electricals proposed a scheme of amalgamation of Butterfly Gandhimathi Appliances with the company. This merger expected to accelerate and smoothen the realization of synergies of the combined business.
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2022 |
In February 2022, Crompton Greaves agreed to acquire up to 55% stake in Butterfly Gandhimathi Appliances for Rs. 1,379.68 crore (US$ 180.53 million).
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2021 |
In June 2021, Crompton Greaves Consumer Electricals Ltd. appointed Ms. Pragya Bijalwan as
its new chief marketing officer to lead marketing, advertising and the company’s overall communication initiatives. |
2020 |
Launched new Energion range of ceiling fans powered by ActivBDLC Technology.
|
2019 |
Launched new variety of its product.
|
2017 |
Became no. two lighting company in the country.
|
2016 |
Listing and trading of company on NSE and BSE started in May 2016.
Launches sustained brand campaign in April 2016.
|
2015 |
Started operations as an independent entity in October 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.
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