
Chapter 11
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CASE STUDY
Case 11: Crompton Greaves Ltd.: A Global Enterprise
Introduction
The history of Crompton Greaves Ltd. goes back to the year
1878 when R. E. B. Crompton founded R. E. B. Crompton
& Company. The company merged with F.A Parkinson
to form Crompton Parkinson Ltd. in 1927. In 1937,
Crompton Parkinson Ltd., established its wholly-owned
Indian subsidiary, namely Crompton Parkinson Works
Ltd. in Bombay, along with a sales organization, Greaves
Cotton & Crompton Parkinson Ltd., in collaboration with
GCC. The company was taken over by an eminent Indian
industrialist, Lala Karamchand Thapar, in 1947.
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The company is organized into ...