Crompton Greaves to set up greenfield plant near Bangalore

The plant will bolster the company's Smart Grid initiative

Image
Priya Nair Mumbai
Last Updated : Jan 20 2013 | 6:29 AM IST

Crompton Greaves Ltd (CG) is setting up a greenfield plant in Jigani Industrial Area, Bangalore, which will be operational by this year-end.

The plant is expected to help bolster India’s Smart Grid initiative.

CG is part of the $4 billion Avantha Group.

The plant will make intelligent electronic devices (IEDs) which are critical in the control and monitoring of power systems. The plant will also assemble control and relay panels using these IEDs, complying with the latest Substation Automation standard - IEC 61850, said a press release issued by the company. 

Offering unprecedented control and efficiency in power supply, a Smart Grid could go a long way in protecting consumers from power outage. As of now pilot projects for Smart Grid technologies are being carried out in several cities including Bangalore.

This plant will be the Indian base for manufacturing the entire range of protection, control and communication products from CG's Automation Business Unit.

With the acquisition of ZIV complete, Crompton Greaves gets access to ZIV’s Smart Grid technologies, including expertise in grid automation.

Covering 4050 sq mtrs, the plant will employ 30 people in its first year of operations, and will first cater to the Indian market. Later on, it will extend its market reach to nearby geographies, the release said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 28 2012 | 1:32 PM IST

Next Story