Profile of Crompton Greaves Limited

Crompton Greaves Limited was established in 1937. It is a member of the Gautam Thapar led group of companies, AVANTHA. Since its inception, the Company has assiduously endeavoured to bring about meaningful & revolutionary changes in the lives of people, through its wide spectrum of products and services.

The company’s origins go back to two entrepreneurial ventures in the 19th century. One of them was an English firm by the name of R.E.B. Crompton & Company, which was founded in 1878 by Colonel Rookes Evelyn Bell Crompton, a renowned electrical engineer. The other was James Greaves & Company (JGC), an Indian firm that was established in 1858. JGC went into a partnership with George Cotton, an agent of the East India Company, to set up a venture called Greaves Cotton & Company. In 1927, Crompton & Company merged with F. A. Parkinson, pioneers in the field of large-scale industrial engineering to form a new company, Crompton Parkinson. Crompton Parkinson, UK, set up a factory in Worli, Bombay, for the manufacture of small electric motors and ceiling fans under the style Crompton Parkinson Works (India) Ltd. A marketing organisation under the banner, Greaves Cotton and Crompton Parkinson (Pvt.) Ltd. was established simultaneously with Greaves Cotton & Co., the selling agents of Crompton Parkinson Works (India).

From the beginning, R.E.B. Crompton & Company had focused on generation of electricity, with lighting making up a significant part of its activities. A Crompton dynamo powered the first electric-lit house in the world at Colchester, Essex. The company set up arc lighting plants at Buckingham Palace, Holyrod Palace, Crystal Palace and King’s Cross Station, London.

Today, Crompton Greaves has three strategic business units (SBUs) namely; Power Systems, Industrial Systems and Consumer Products.

Power Systems

This group includes the Transformers, Switchgear and Engineering Projects businesses of Crompton Greaves. It involves the manufacture of power and distribution transformers, switchgear, lightning arrestors, circuit breakers, substation equipment and design, servicing, power solutions and execution of turnkey T&D and substation projects. Its manufacturing facilities are located in different parts of India.
Crompton Greaves Ltd (CG) has become the first company in India to indigenously manufacture an 800 kV class power transformer for NTPC’s Sipat Power Project, in Chattisgarh.

Industrial Systems

This group consists of HT and LT Motors, FHP Motors, Alternators, Drives, Stampings, Railway Transportation and Signalling equipment. The manufacturing facilities are spread across India.
Consumer Products

This group is in the business of Fans, Light Sources and Luminaires, Pumps and Household Electrical Appliances such as geysers, mixers, grinders, toasters and lanterns with plants based at a few locations in India.
International Acquisitions

With the acquisition of the Pauwels Group of Belgium in May 2005 and Ganz Transelektro and its Associate Company Transverticum in Hungary, in October 2006, the company has evolved into a leading and superior Power Solutions provider.
Pauwels is one of the World’s leading manufacturers of three-phase Distribution and Power Transformers and its products are renowned for their high performance and proven reliability. Pauwels is optimised to meet customer specifications with respect to energy losses, noise levels, dimensions and weight. The group operates ISO 9000:2001 certified manufacturing plants and subsidiary companies in three continents. These plants produce more than 30,000 transformers each year.
Ganz Transelektro designs and manufacturers one and three phase, mineral oil immersed transformers for outdoor or indoor operation, in the power range upto 600 MVA and the voltage range upto 750 kV. The present family of products includes the metal enclosed, sulphur-hexafluoride gas insulated switchgear.
The acquisition of Microsol Holdings Limited, Ireland, in May 2007 is yet another major step forward for the company in its journey of transforming itself into an end-to-end complete solutions’ provider in power transmission and distribution. Microsol is engaged in providing automated solutions for medium voltage and high voltage substations, and has a significant presence in the UK and the USA. This acquisition will reinforce the power business’ ability to design, build and service world-class substations with state-of-the-art automation.
The job opportunities enlisted in this section relate to India only; for opportunities in other parts of the world visitors may wish to contact the respective local offices of Pauwels, Ganz etc
International Operations

CG is one of the largest suppliers from India in each segment of Transformers, Switchgear, Motors & Generators, Pumps, Fans and Lighting equipment. Its manufacturing and marketing superiority is spread over 140 sales offices worldwide. Apart from developed countries, CG also enjoys an export presence in the emerging Southeast Asian and Latin American countries.
Crompton Greaves as an organisation remains committed to:
  • The highest levels of Corporate Governance and seeks to achieve a healthy blend of performance with conformance; creating the environment and the means through which corporate objectives are attained.
  • The Company is committed to maintaining high standards of ethical behaviour and Corporate Governance.
  • The Company is committed to serving its shareholders with honesty, fairness and integrity.
  • The 5 CG Values of Performance Excellence; Leading Edge Knowledge; Nurturance; Customer Orientation and Intellectual Honesty are well entrenched in the performance culture of the Company and permeates all actions of its employees.
  • The Company strives to achieve well-defined levels of Business Excellence by continuously benchmarking itself against standards like the CII-Exim Bank Business Excellence Model and the CII HR Excellence Model.
  • The Company has aggressively increased its initiatives in Community Development through declaration of a formal ‘Statement of intent’ on Corporate Social Responsibility and has taken concrete steps in fulfilling its plans.
Crompton Greaves Limited
Corporate Communications - Mumbai.
November 22, 2007.