- CEO
- Promeet Promode Ghosh
- Full Time Employees
- 5,895
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- 05GBD, Godrej Business District Mumbai MA India 400079
- IPO Date
- May 13, 2016
- Business
- Crompton Greaves Consumer Electricals Limited manufactures and markets a broad range of consumer electrical products in India, operating primarily in the electrical consumer durables and lighting segments; its core offerings include ceiling fans, table fans, wall-mounted fans, pedestal fans, ventilating fans, kitchen tower fans, exhaust fans, and industrial fans; agriculture pumps, industrial pumps, residential pumps, compressor pumps, specialty pumps, and solar pumps; home appliances such as air coolers, smart plugs, oil-filled heaters, heat convectors, halogen heaters, quartz heaters, ceramic heaters, personal coolers, tower coolers, window coolers, desert coolers, storage water heaters, instant water heaters, immersion rods, gas water heaters, room heaters, fabric care products, dry irons, steam irons, OTG ovens, air fryers, induction cooktops, rice cookers, sandwich makers, pop-up toasters, electric kettles, mixer grinders, wet grinders, gas stoves, blenders, pressure cookers, chimneys, hobs, built-in dishwashers, built-in microwaves, and built-in ovens; and lighting products encompassing LED bulbs, battens, ceiling lights, table lamps, outdoor lights, professional lighting, and extension boards. The company, which traces its origins to 1937 and was demerged as an independent entity in 2015 following a restructuring from Crompton Greaves Limited, maintains its headquarters at Equinox Business Park in Mumbai, India, with manufacturing facilities in Goa, Vadodara, Ahmednagar, and Baddi, alongside an R&D center in Vikhroli. Crompton Greaves Consumer Electricals primarily serves the Indian consumer market through extensive retail networks, focusing on residential, agricultural, and commercial customers across the country. Among its latest major developments, the company acquired an 81% stake in Butterfly Gandhimathi Appliances Limited in 2022, establishing it as a subsidiary to bolster its kitchen appliances portfolio, particularly in southern India; in June 2024, it secured a Rs 101 crore order from the Maharashtra Energy Development Agency to supply and install 4,500 off-grid solar photovoltaic water pumping systems under the PM-KUSUM scheme; it continues expanding manufacturing capacity at its Baddi plant for ceiling fans and invests Rs 350 crore in new technologies; and in recent periods, it launched new products including the Viona Hobs Series, Eliteo BLDC Chimney Series, digital air fryers, multi-mode water heaters, copper motor mixer grinders, Ozone Royal and Optimus air coolers, and advanced storage water heaters like Solarium Qube IOT models.