 "Crompton Greaves to set up switchgear plant in Indonesia")
Crompton Greaves (CG) will own 51% in the company and rest will be held by its Indonesian JV partner.
The JV terms includes a technology transfer by CG over a period of five years for the production of the entire range of switchgear for the network.
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The products will be manufactured in CG‘s new manufacturing base in Indonesia.
Production is expected to commence in 24 months, the company announced in a statement today.
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