CG announced as No.1 Company in Power Equipments by Dun & Bradstreet
- Recognised for exemplary performance in the Power Equipments sector
- Featured in D&B’s acclaimed publication - ‘India’s Top 500 Companies’
- Reaffirms CG’s position as the preferred choice of customers
Mumbai, June 1, 2015: Avantha Group Company CG was announced as the top Indian company in Power Equipments for the 2nd time by Dun & Bradstreet (D&B), a commercial data and analytics provider at the ‘Dun & Bradstreet Corporate Awards 2015’ held in Mumbai recently. The award recognised and felicitated corporate India’s leading companies from various sectors and is closely tied to D&B’s premium publication, India’s Top 500 Companies 2015.
The awards methodology is based on a proprietary model which considers various financial parameters such as total income, net profit, net worth, market capitalisation, net profit margins, growth in total income, growth in net profit, return on net worth, return on assets, cash flow indicators and many more. The primary focus is on business size and growth, profitability, efficiency, leverage, solvency, corporate governance norms and so on to evaluate performance of various companies in each sector and arrive at award winners.
Commenting on receiving the award, Avantha Group Company CG’s CEO & Managing Director, Mr. Laurent Demortier said: “We are very pleased to receive the 2015 Dun & Bradstreet Corporate Award. It is indeed a proud moment for us to be the sole recipient of this award in the Power Equipments category for the second time. CG has been an integral part of India’s power sector growth, be it with our indigenous UHV technology, market leadership or sustained long term relationship with our customers. This award reinforces our position as a preferred partner and proves the value differential that CG brings to its offerings.”
A 78-year old legacy, CG is committed to helping its customers by enabling them to use electrical power efficiently, increase industrial productivity, but in a sustainable manner. We are continuously investing in our capabilities to give our customers smart and robust systems that add value to their operations. Innovation, Technology and Quality are the cornerstones of our products, solutions and services and we have remained an industry frontrunner for being able to evolve with changing times.
Mr. Laurent Demortier, CEO and Managing Director, CG
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 organised into four business groups: Power, Industrial, Automation, and Consumer.
For more information on CG, please visit: www.cgglobal.com
The Avantha Group`s 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), Avantha 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.
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)
10th floor, CG House
Worli, Mumbai 400 030, India
|Mrs. Shravani Dang
Vice President &
Group Head - Corporate Communications
1st floor, Thapar House
24, Janpath Lane, New Delhi 110 001, India
|T : +91 22 24237516 / 67558771
Tel (D): +91 11 41699282
Tel (B): +91 11 23368332