Crompton Greaves
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Crompton Greaves Ltd. | |
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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 | 2152.78 crores Rs 2004-2005 |
Website | www.cromptongreaves.com |
Crompton Greaves (CG) is an Indian multinational engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution.
[edit] History
In 1947, Greaves Cotton & Crompton Parkinson Ltd. was bought by Lala Karamchand Thapar. After the acquisition of the Belgium-based Pauwels Groupin May 2005, CG became amongst the top ten electrical transformer manufacturers in the world. Crompton Greaves has largest transformers export market share in India. In 2006, after acquisition of Ganz, a transformer manufacturer based in Hungary, the company's world market share has rose effectively.
Todays, Crompton Greaves, exports transformers to more than 50 countries world-wide.
The company has plants in Mumbai, Ahmednagar, Goa, Bhopal and Nasik.
[edit] 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 Thapar's. JCT Mills FC is a Football club of JCT Mills.