Crompton Greaves Management Meet Update - Market Share Gain, Distribution Expansion Continues: Nirmal Bang
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Nirmal Bang Report
We recently hosted the management of Crompton Greaves Consumer Electricals Ltd. The management presented current business update and business strategy going forward.
Crompton Greaves aims to outpace industry growth, driven by premiumisation, continuous innovation and deepening of the distribution reach.
Investments are being stepped up in advertising, rural programs, new business development, research and development and sourcing capability.
The management highlighted that current demand level will be sustained going forward and margin can also be maintained. Market share gain and distribution expansion continue to aid overall growth for the company.
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