An international corporation, CG Power & Industrial Solutions provides utilities, companies, and consumers with comprehensive solutions for the management and utilization of efficient and sustainable electrical energy. Power Systems and Industrial Systems are the two primary business segments in which it provides goods, services, and solutions. In February 2017, the company changed its name from Crompton Greaves Limited to CG Power and Industrial Solutions Limited.
CG Power and Industrial Solutions – Quick Overview
| Particular | Details |
| Company Name | CG Power and Industrial Solutions Limited |
| Former Name | Crompton Greaves Limited (renamed in 2017 after demerger) |
| Type | Public Listed Engineering & Industrial Company |
| Industry | Electrical Engineering – Power Systems & Industrial Systems |
| Founded / Incorporated | 28 April 1937 |
| Founders / Origins | Founded from legacy of R. E. B. Crompton & James Greaves through Crompton Parkinson |
| Headquarters | Mumbai, Maharashtra, India |
| Parent / Promoter Group | Murugappa Group (via Tube Investments of India Ltd.) |
| Core Business | Design, manufacture & marketing of electrical power generation, transmission & distribution products, and industrial systems |
| Major Products & Solutions | Transformers, switchgear, circuit breakers, motors, drives, traction systems, signaling equipment, EPC power solutions |
| Business Segments | Power Systems (T&D products & solutions) and Industrial Systems (motors, drives, rail solutions) |
| Area Served | India & global markets through manufacturing and sales networks |
| Manufacturing Footprint | Multiple facilities in India and Europe; network of regional offices |
| Stock Exchange Listing | BSE & NSE (Ticker: CGPOWER) |
| Employees | ~3,400+ (approx.) |
| Notable Events | Name change post-demerger in 2017; acquisition by Murugappa Group in 2020 |
| Recent Business Expansion | Planning new switchgear facility to double production capacity and strengthen global presence (2025) |
| Official Website | cgglobal.com |
Net Worth and Market Cap
The market capitalization or net worth of CGPOWER is INR 864.77 billion. 854.35 billion is the enterprise value.
Corporate leadership
The company’s headquarters are in Mumbai, India, and it was founded in 1937. Tube Investments of India Limited is the parent company of CG Power and Industrial Solutions Limited. Susheel P. Todi is CG Power and Industrial Solutions’ chief financial officer, while Amar Kaul B. Tech is the company’s CEO and MD.
Overview of Services
Shunt reactors, switchgear, generator, distribution, unit auxiliary, solar, green, furnace, locomotive, cast resin, and track side transformers are all available in the Power Systems section. Additionally, this division works on substation projects as well as turnkey transmission and distribution projects.
In addition to residential, agricultural, and specialty pumps, the Industrial Systems segment offers AC generators, traction motors, drives and automation solutions, soft starters and shaft power monitors, domestic and commercial fans, water heaters, traction electronics and machines, and services for industrial systems.
The Semiconductors division deals with radio frequency and outsourced semiconductor assembly and testing. Labels and adhesive tapes are available in the others section. Steel and metals, cement, textiles, fertilizer, chemicals, oil and gas refineries, sugar, automobiles, FMCG, electronics, defense, building and infrastructure, paper, pharmaceuticals, metro rail, railways, thermal, nuclear power, etc. are all served by it.
Scale of Operations
Together with its affiliates, CG Power and Industrial Solutions Limited offers a range of solutions both domestically and abroad. Since being purchased from the Avantha Group in 2020, the Mumbai-based business has been a member of the Chennai-based Murugappa Group.
