CG bags National Intellectual Property Award, 2014
- Award won in the ‘Top Organisation in Designs’ category
- CG files and registers approx. 147 designs per year of which around 100 are commercialised
- Chosen among 27 other contenders
Mumbai, April 28, 2014: Avantha Group Company CG was awarded the National Intellectual Property (IP) Award, 2014, in the category of ‘Top Organisation in Designs’. The award was presented on April 26th 2014, World IP Day, jointly organised by the Indian Intellectual Property Office and Confederation of Indian Industry (CII).
CG was chosen for this award among 27 other contenders filing design applications in India. The company was awarded for its overall Design Portfolio developed and commercialised over the past five years for products manufactured in India and other geographies. On an average, CG files and registers approximately 147 designs every year, of which approximately 100 are commercialised.
This award is presented to innovators of IP who play a role in harnessing India’s intellectual capital and create an ecosystem that gives a fillip to innovation and creativity. The winner was selected not only based on the number of Intellectual Property Rights registered or granted, but on the basis of the utilisation of the IP Rights (IPR) as a strategic tool in commerce and industry and their overall contribution to the society.
CG’s business growth strategy pivots on providing innovative and high-technology solutions for customers across industries. CG has invested nearly Rs 400 million in a world class infrastructure to enhance its R&D capabilities to achieve global excellence in the UHV domain. This Research Centre is not only unique in India; it’s part of the top five Research Centres in this sector, in the world. The Research Centre facilitates reliable and economic new product development for the global UHV/EHV (Extra High Voltage) markets, spanning 800kV EHV to 1200 kV UHV power transmission systems. It is envisaged to be CG’s manufacturing and development hub for Switchgear
Very recently CG’s nano-technology based liquid polymer coating for water heaters, won accolades at the 3rd National Award for Technology Innovation 2013. This environment-friendly technique improves energy efficiency by providing 5-7 times greater thermal insulation. CG has pioneered new products in the consumer space such as the LED street lighting and new solutions for efficient video control of properties.
An experienced jury comprising professionals from IP, Industry Associations, Academia, R&D professionals and Government of India representatives selects the winner of the award. Some of the parameters for selection are number of IPRs granted/registered, growth in the IPR portfolio over the last five years, leveraging of IPRs for achieving commercial goals and efforts for inculcating IPR, among others.
Speaking on this development, Avantha Group Company CG’s CEO & Managing Director, Laurent Demortier, said: “We are extremely honoured to win this award for the second time, it validates CG’s strategic focus on high-technology and innovation to bring electrical solutions that best meet customers’ needs especially in terms of efficient energy and reliability. This culture of innovation and quality fits perfectly into CG’s constant endeavour for optimizing processes for enhanced business performance across a variety of industries.”
Mr. Laurent Demortier (third from right) receiving the National Intellectual Property Award – 2014,
from Mr. Amitabh Kant, Secretary, Department of Industrial Policy and Promotion, Government of India.
Avantha Group Company CG is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into four business groups: Power, Industrial, Automation, and Consumer. CG clocks US$ 2.3 billion in revenues from product lines that cover the entire value chain of engineering offerings.
CG’s Automation headquarters located in Bilbao, Spain, hosts the center of excellence for the development of CG’s smart grid solutions commercialized under the ZIV® brand.
For more information on CG, please visit: www.cgglobal.com.
The Rs. 25,000 crores (US$4bn) Avantha Group is one of India`s leading business conglomerates. Its successful entities in diversified sectors include Crompton Greaves (power transmission and distribution equipment and services), BILT (paper and pulp), The Global Green Company Limited (food processing), Biltech Building Elements Limited (infrastructure), Avantha Power (energy), Salient Business Solutions Limited (IT and ITES), Jg Glass (glass containers)
With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.
For more information on Avantha, please visit www.avanthagroup.com.
For further information, please contact:
Ms. Paula Sengupta
Global Head - Communications
CG (Crompton Greaves Limited)
CG House, 10th floor
Worli, Mumbai 400 030, India
Mrs. Shravani Dang
Group Head - Corporate Communications
Avantha Group 1st Floor, Thapar House,
24, Janpath Lane, New Delhi 110 001
T : +91 22 24237516 / 67558771
Tel (D): +91 11 41699282
Tel (B): +91 11 23368332