Avantha Group Company Crompton Greaves (CG) opened its very first Global Design Centre, or G.D.C., in Bhopal, India thereby boosting its support to customers globally for ever-evolving market needs in oil and gas, cement, mining and metals, water treatment, electrical transportation, power, to name a few.
The Global Design Centre's key markets would include countries spread across South East Asia, the Middle East, Africa and Europe.
CG's Global Design Centre is unique insofar as being the nerve centre of the design and development of advanced technological solutions for CG’s projects globally. It will synergise teams across regions, cross-pollinate ideas, co-create, and deploy best practices leading to the optimisation of CG’s global network of engineering resources and manufacturing facilities to consequence highly integrated innovative products and technologies.
Shares of the company declined Rs 11.15, or 5.63%, to settle at Rs 187. The total volume of shares traded was 590,673 at the BSE (Wednesday).