Crompton aims for billion-dollar sales club in FY25, outlines new vision

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Crompton aims for billion-dollar sales club in FY25, outlines new vision - Business Standard

Quick Summary:

Leading fans and residential pump maker Crompton Greaves Consumer Electricals expects to cross USD 1 billion sales mark this fiscal and achieve a double-digit revenue growth helped by a new strategy, its MD & CEO Promeet Ghosh said on Thursday.

Moreover, the company expects to enter a new segment in the coming years and double its turnover in the next five to six years helped by its Crompton 2.0 vision, he said.Under Crompton 2.0 vision, the company is emphasising on consumer centricity, business growth, and profitability through innovations.

Crompton Greaves operates in segments like fans, lights, water pumps and appliances.