Murugappa Group is one of India’s leading business conglomerates, with 29 businesses including ten listed companies. The Group holds leadership positions across several product categories, including Abrasives, Technical Ceramics, Electro Minerals, Auto Components and Systems, Power Conversion Equipment, Transformers & Reactors for the Power T&D segment, Rolling Stock and Signalling Equipment for Railways, Bicycles, Fertilisers, Sugar, Tea, and Spirulina (Nutraceuticals).
Group Market Cap
125+
Turnover (FY25)
$10B
Country Presence
50+
Employees
95K+
CG Power and Industrial Solutions Limited (Company) is an engineering conglomerate headquartered in Mumbai, India. The Company is a leader in the Electrical Engineering Industry and has two business lines - Industrial Systems and Power Systems. It manufactures Traction Motors, Propulsion Systems, Signalling Relays etc., for the Indian Railways, and a wide range of Induction Motors, Drives, Transformers, Switchgears, and other allied products for the Industrial and Power sectors. Recently, the Company also is into the business of Consumer Appliances such as Fans, Pumps, and Water Heaters. The company has forayed into the semiconductor space and is setting up an Outsourced Semiconductor Assembly and Testing (OSAT) facility, offering comprehensive test services on a global scale. Moreover, the company has also successfully acquired the Radio Frequency (RF) components business from Renesas and set up Axiro Semiconductor - a fabless design company focused on delivering high-performance and scalable semiconductor solutions.
The Company continues to excel and maintain its leadership position across its businesses, backed by its outstanding expertise, customer-centric approach, and enhanced focus on innovation and sustainability.
Since November 2020, the Company has become a part of the renowned Murugappa Group
Turnover (FY25)
$1.2B
Manufacturing Units
22 India • 1 Sweden
23
Employees
5K+
