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