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The company was established in 1937 as Crompton Parkinson Works Limited, a wholly-owned subsidiary of Crompton Parkinson.In 1947, it was acquired by Karam Chand Thapar. [6] [7] The company was established in 2016 as an outcome of the demerger of Crompton Greaves Limited which separated the latter's consumer goods business from the power and industrial systems segment. [8]
The company in Cold War era collaborated with the USSR and the Eastern Bloc for technology transfer of new electrical technologies. In July 2014, Crompton Greaves Limited announced plans to demerge the company in order to separate its consumer goods business from the power and industrial systems segment.
Greaves Cotton: 1859 J Thomas & Co. Pvt. Ltd. 1861 Andrew Yule and Company: 1863 Bombay Burmah Trading Corporation [1] 1863 Spencer's Retail: 1863 Tribhovandas Bhimji Zaveri: 1864 Shapoorji Pallonji Group: 1865 Nestlé India: 1866 Balmer Lawrie and Co. 1867 Tata Group: 1868 McLeod Russel: 1869 Khatau: 1874 Bombay Stock Exchange: 1875 British ...
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Avantha Group operates in 90 countries with over 25,000 employees worldwide. Business units include: Crompton Greaves, (CG) India's largest power transmission and distribution equipment company, listed on the Indian Stock exchanges.
He was born to Karam Chand Thapar, the founder of the Thapar Group of companies that owned companies such as Crompton Greaves, BILT and JCT Mills. Inder Mohan Thapar, Brij Mohan Thapar and Man Mohan Thapar are his brothers. [1] He was educated at The Doon School. [2] He graduated in engineering from the University of Southern California, USA.
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