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CG Power: From Transformers to Semiconductors, a Diversified Giant
23 Apr
Summary
- CG Power offers diverse solutions across power, industrial, and semiconductor segments.
- The company serves a wide array of sectors including steel, cement, and renewables.
- Established in 1937, CG Power is headquartered in Mumbai, India, and is a subsidiary of Tube Investments.
CG Power and Industrial Solutions Limited, formerly Crompton Greaves Limited, is a diversified Indian company offering a broad spectrum of solutions.
The Power Systems segment is a major contributor, providing various types of transformers, switchgears, and undertaking large-scale transmission and distribution projects.
Additionally, the Industrial Systems segment supplies essential components for industries such as traction motors, drives, and pumps, supporting sectors from agriculture to metro rail.
The Semiconductors segment focuses on outsourced assembly and testing, alongside radio frequency business, while the Others segment deals in adhesive tapes and labels.
This extensive portfolio allows CG Power to serve a wide array of sectors, including steel, cement, textiles, renewable energy like solar and wind, and infrastructure development.
Incorporated in 1937 and headquartered in Mumbai, CG Power and Industrial Solutions Limited currently operates as a subsidiary of Tube Investments of India Limited.
