Domestic Expansion
CG Power plans to expand its manufacturing capacities at its Nashik and Bhopal plants to cater to the increasing demand for high-voltage transformers and switchgear. India’s push toward renewable energy and grid modernization is expected to drive demand for advanced T&D equipment.
The company is also investing in the development of energy-efficient motors and automation products at its Ahmednagar and Goa plants. The focus is on capturing more market share in industrial automation, spurred by Industry 4.0 adoption in India.
International Expansion
CG Power aims to enhance its export footprint in Southeast Asia, the Middle East, and Europe. The company is strengthening its global marketing teams and distribution channels to penetrate deeper into these markets.
Strategic Partnerships
The company is exploring strategic collaborations and technology partnerships to enhance its R&D capabilities. Joint ventures in smart grid technology, renewable energy integration, and automation are on the radar.
Sustainability and Green Energy
CG Power is aligning its products and processes with sustainability goals. Future products will focus on energy efficiency, carbon reduction, and compatibility with renewable energy systems.
Outlook
With India’s infrastructure boom and increased investment in T&D networks, CG Power’s future growth trajectory looks robust. The management’s focus on governance, innovation, and expansion sets the stage for long-term value creation for shareholders.
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