CG Power and Industrial Solutions will buy a 55% stake in G.G.Tronics India Private Limited for Rs 319.38 crore. G.G.Tronics, based in Bengaluru, designs and makes electronic safety systems for railways. One of their key products is the Train Collision Avoidance System (TCAS), also known as ‘KAVACH.’ They are currently getting the latest version (4.0) of this system approved by Indian Railways.
G.G.Tronics also makes digital axle counters, which are used in railway signaling and certified by the Research Designs and Standards Organisation (RDSO). These products meet high safety standards. The company also offers verification and validation services for railway signaling systems.
This purchase fits CG Power’s plan to grow its railway products by adding related technologies. The combination of CG Power’s experience in manufacturing and G.G.Tronics’ expertise in railway safety systems will help them pursue new rail safety projects like ‘KAVACH.’
CG Power and Industrial Solutions, commonly known as CG Power, is a leading Indian multinational company specializing in the design, manufacturing, and marketing of products related to power generation, transmission, and distribution. With a rich history dating back to 1937, the company has established itself as a key player in the electrical equipment sector.
CG Power provides a wide range of products including transformers, switchgear, circuit breakers, and electric motors, serving diverse industries such as utilities, mining, and manufacturing. The company is known for its innovative solutions and commitment to quality, making significant contributions to infrastructure development and industrial growth both in India and globally. CG Power’s extensive network and technical expertise enable it to meet the evolving needs of its customers while promoting energy efficiency and sustainability.
