Avantha Group and Crompton Greaves – A Brief Profile

Few companies in India can even contemplate reaching the heights that Avantha Group has managed during the course of its existence. The company is one of India’s largest businesses, having a net worth of US $ 4 billion. The group does business in vast areas including, but not limited to chemicals, energy, infrastructure, farm forestry, food processing, power transmission and distribution services. It operates in more than 90 countries while having more than 25,000 highly efficient employees worldwide.

Gautam Thapar is one reason that the group did this well in the corporate scenario. His visionary skills have been acknowledged through multiple entrepreneurship and corporate awards. Gautam Thapar received his chemical engineering education in the USA after the completion of which, he returned to India and sought work as a factory assistant in one of Thapar Group’s manufacturing units. He excelled there and caught the eye of prominent members of the group, thus rising through the ranks. Lalit Mohan gave him the task to turn around BILT’s chemical division, which was for some time suffering losses due to labor agitation and shortage of water and power. He was true to his promise as the company started showing profits within a year and he became the Chairman of Avantha Group in July, 2006.

Crompton Greaves is India’s foremost power production, transmission and distribution equipment company based in Mumbai. In May 2005, the company was ranked among the world’s top ten electrical transformer manufacturers. Having a positive reputation for several years, Crompton Greaves, which originated in India has grown and transformed itself into a Global Corporation. While making a permanent and undeniable footprint in the industry, the company is known to manufacture and host a variety of products and services both for use in Industries as well as consumer based products worldwide.

Some of the common Industry systems produced by Crompton Greaves include Generators/Alternators, Traction Motors/Control Electrics, Railway Signaling/Coach Applications and Services for Industrial Systems. While a number of more common Consumer Products produced by the company are Fans, Lighting, Home Automation, Security Systems, Wiring Accessories and Appliances Pumps

Crompton Greaves has received several awards which are National award for Research and Development, Best Product award given for their transformers in 2008 and Golden Peacock Innovation Award to name a few. It has also received NABL Accreditation for 5 of its labs.

Apart from his brilliant professional integrity, he promoted golf and is the president of PGTI (Professional Golf Tour of India). Today, PGTI is just like any other professional International Golf in India.