Press release from Business Wire India
Source: Frost & Sullivan
Thursday, November 29, 2012 03:25 PM IST (09:55 AM GMT)
Editors: General: Environment, People; Business: Business services, Electronic appliances & components, Energy companies, Information technology; Technology
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Emerging LED Lighting Market in India to push Urban Planning towards Eco-Efficiency and Low-carbon Trajectory
Indian construction market expected to grow to USD 500 billion by 2025. It was USD 100 billion in 2010
Mumbai, Maharashtra, India, Thursday, November 29, 2012 -- (Business Wire India) -- An "energy" revolution akin to the Green and White revolutions that occurred few years ago altering the agriculture and dairy sectors, is the need of the hour in India. And, Light Emitting Diode (LED) lighting will be at the heart of such a revolution. Mandatory norms of energy efficiency for new buildings/facilities, incentive support for energy-efficient projects, Integrated Lighting Management Systems (ILMS) for street lighting, and phasing out of energy-guzzling lighting products could trigger an energy-efficiency revolution in India.
The LED lighting market in India is at a nascent stage and these lighting systems are yet to make inroads into the market, which is currently dominated by compact fluorescent lamps (CFLs) and T5 fluorescent lamps (T-FL). Poor penetration is due to high upfront cost of LED lighting systems, absence of standards, testing, measurement and verification protocols, and low level of awareness.
LED lighting systems are anticipated to play significant role in reducing India's overall energy requirements. Energy consumption can be reduced by usage of LED lighting for street lighting, in conjunction with ILMS. Implementing energy saving performance contracts (ESPC) for residential and commercial segments and integrating LED lighting controls and systems with building management systems will further lower energy costs of a building. Some LED lighting suppliers are bundling ESPC services along with their lighting products and energy-saving solutions, to diversify their revenue stream.
Current policies on energy efficiency might become redundant considering the construction sector's growth rate in India. The construction market is booming again and has been forecast to increase from USD 100 billion in 2010 to USD 154 billion by 2015, and USD 500 billion by 2025. Investments in green buildings are projected to increase to USD 30 billion by 2015.
Currently, seven mega cities are proposed to be built along the 1,500-km long Delhi-Mumbai Industrial Corridor (DMIC) with the help of Japanese government and Japanese corporations such as Matsushita, Hitachi, and Mitsubishi. A total of 24 mega cities have been planned - along the line of states like Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh, Gujarat, and Maharashtra - with the seven proposed cities to be completed by 2018-19 in the first phase. The whole DMIC project cost is estimated at USD 90 billion.
Prices of LED lighting systems have fallen by more than 30 percent in the past 2-3 years due to increasing adoption and manufacturing technology improvements. Mass commercialization and acceptance will lead to a further fall in prices, which will make these products more affordable for commercial segments as well as low and middle-income households in the residential segment. With 20 percent of electricity consumption in a building attributed to lighting systems, there is indeed a great potential for LED lighting to gain prominence in India. One of the major schemes that the Bureau of Energy Efficiency (BEE) is implementing during the 11th Five Year Plan (FYP) (2007-12) includes - Bachat Lamp Yojana, an ongoing program to promote energy-efficient and high-quality CFLs as replacement for incandescent bulbs. Going forward, in the 12th and 13th FYPs, the Government must make efforts to replace these CFLs with LEDs.
Energy Conservation Building Code (ECBC), which sets minimum energy performance standards for new commercial buildings, has stipulated energy use of 110 kWh/m2/year as against the national benchmark of 180 kWh/m2/year. BEE is also targeting to reduce energy consumption by municipal street lighting systems, which currently adopt energy-guzzling lamps.
The Indian market is highly driven by the principle of 'value for money'. Offerings in future will be aimed at providing better quality and durable LEDs at low prices. The LED market in India was completely import-dependent in the past. However, few companies in India are now entering into joint ventures with foreign companies. Cheap imports from China, Taiwan, and Korea by distributors and dealers have been found to be of poor quality that has hurt the confidence of genuine users. Absence of regulations and standards form a conducive market environment for such unorganized sectors to thrive. Today, India being a growing market for LEDs, many overseas companies are setting up manufacturing plants to cater to the growing needs of commercial, municipal (street lighting), and residential customers.
Cities of the future will most certainly witness dramatic changes in urban planning. It is thus imperative to incorporate smart concepts and greater information technology (IT) usage to monitor usage, reduce leaks/slippages, and aid in efficient delivery mechanism through effective demand management. This means that going forward, lighting companies would have to work in sync with software companies, and energy service companies (ESCOs), building management solution providers, and public agencies/urban local bodies, to bring various "smart" concepts to fruition.
If you are interested in knowing more about the topic, please send an e-mail to Ravinder Kaur/Priya George, Corporate Communications, at ravinder.kaur@frost.com / priyag@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
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CONTACT DETAILS
Ravinder Kaur, Corporate Communications - South Asia, Frost & Sullivan, +91 9940141714 / +91 (44) 66814080, ravinder.kaur@frost.com
Priya George, Corporate Communications - South Asia, Frost & Sullivan, +91 9840355432 / +91 (44) 66814456, priyag@frost.com
Nimisha Iyer, Corporate Communications - South Asia, Middle East & North Africa, Frost & Sullivan, +91 9820050519, +91 (22) 66072004, niyer@frost.com
KEYWORDS
ENVIRONMENT, PEOPLE, BUSINESS SERVICES, ELECTRONICS, ENERGY, IT, TECHNOLOGY
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Thursday, November 29, 2012
BWI: Belkin Brings the Powerful AC 1200 DB Router to India
Press release from Business Wire India
Source: Belkin India
Thursday, November 29, 2012 03:00 PM IST (09:30 AM GMT)
Editors: General: Consumer interest, Entertainment, People; Business: Business services, Electronic appliances & components, Information technology; Technology
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Belkin Brings the Powerful AC 1200 DB Router to India
Mumbai, Maharashtra, India, Thursday, November 29, 2012 -- (Business Wire India) -- Belkin India, a leading provider of interconnectivity solutions across computing and consumer electronic devices, announced the launch of the Belkin AC1200 Dual Band Wi-Fi router in India. The Belkin AC1200 is the next generation router that features 802.11ac technology for speeds up to three times faster than existing 802.11n technology. As the first to market with routers that support the new 802.11ac networking standard, Belkin's AC1200 DB Wi-Fi Dual-Band AC+ Gigabit Routers provide enhanced reliability, greater speeds, and enhanced streaming capabilities. The Belkin AC1200 will be available across all leading technology stores in the India starting today and is priced at INR 14,999.
Featuring Broadcom's fifth-generation (5G Wi-Fi) 802.11ac chip technology, the Belkin AC1200 DB provides gigabit speeds wirelessly to extend network range and provide more reliable coverage at greater distances. A centerpiece to any advanced home technology ecosystem, Belkin's powerful AC router makes it possible to stream more content to multiple devices, virtually anywhere in the home. Ideal for smartphones and tablets, AC technology enables faster web downloads and file syncing with less drainage on battery life. The router works well with Wi-Fi 'N' and 'G' devices taking network integration to the next level.
On the occasion of the launch, Mr. Mohit Anand, Managing Director, Belkin India Sub-continent, said, "The Belkin AC 1200 is an important addition to our artillery of existing routers. It gives internet users across the country an opportunity to witness internet speeds like never before. Belkin products are designed keeping in mind the changing needs of the users and the Belkin AC 1200 is a great example of how the brand has taken faster, smarter and safer browsing a notch higher."
Belkin has over the years maintained its position of being a prominent player in the consumer networking space in India. It aims at constantly innovating new products that fill the existing gaps in technology. Belkin's belief of technology being meant for the user rather than the other way around translates perfectly into its innovations including the lasted Belkin AC1200.
About Belkin India
Since 2009, Belkin has taken rapid strides towards becoming a leading tech & digital lifestyle brand. Belkin has come a long way to become the market leader across its product lines in India. From a single person to a team of 70+ people and offices in major metros, Belkin has become one of the fastest-growing tech brands in the Indian sub-continent. Belkin's extensive footprint now extends beyond India to Bangladesh, Sri Lanka, Nepal & Pakistan.
To view the photograph, please clcik on the link given below:
Belkin AC1200
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Belkin_AC1200.jpg
Belkin_AC1200.jpg
CONTACT DETAILS
Monomita Mukhopadhyay, Belkin India, +91 9899807813, Monomita.Mukhopadhyay@belkin.com
Tanay Chaturvedi, 20:20 MSL, +91 9999167009, Tanay.Chaturvedi@2020msl.com
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, ELECTRONICS, IT, TECHNOLOGY
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Source: Belkin India
Thursday, November 29, 2012 03:00 PM IST (09:30 AM GMT)
Editors: General: Consumer interest, Entertainment, People; Business: Business services, Electronic appliances & components, Information technology; Technology
--------------------------------------------------
Belkin Brings the Powerful AC 1200 DB Router to India
Mumbai, Maharashtra, India, Thursday, November 29, 2012 -- (Business Wire India) -- Belkin India, a leading provider of interconnectivity solutions across computing and consumer electronic devices, announced the launch of the Belkin AC1200 Dual Band Wi-Fi router in India. The Belkin AC1200 is the next generation router that features 802.11ac technology for speeds up to three times faster than existing 802.11n technology. As the first to market with routers that support the new 802.11ac networking standard, Belkin's AC1200 DB Wi-Fi Dual-Band AC+ Gigabit Routers provide enhanced reliability, greater speeds, and enhanced streaming capabilities. The Belkin AC1200 will be available across all leading technology stores in the India starting today and is priced at INR 14,999.
Featuring Broadcom's fifth-generation (5G Wi-Fi) 802.11ac chip technology, the Belkin AC1200 DB provides gigabit speeds wirelessly to extend network range and provide more reliable coverage at greater distances. A centerpiece to any advanced home technology ecosystem, Belkin's powerful AC router makes it possible to stream more content to multiple devices, virtually anywhere in the home. Ideal for smartphones and tablets, AC technology enables faster web downloads and file syncing with less drainage on battery life. The router works well with Wi-Fi 'N' and 'G' devices taking network integration to the next level.
On the occasion of the launch, Mr. Mohit Anand, Managing Director, Belkin India Sub-continent, said, "The Belkin AC 1200 is an important addition to our artillery of existing routers. It gives internet users across the country an opportunity to witness internet speeds like never before. Belkin products are designed keeping in mind the changing needs of the users and the Belkin AC 1200 is a great example of how the brand has taken faster, smarter and safer browsing a notch higher."
Belkin has over the years maintained its position of being a prominent player in the consumer networking space in India. It aims at constantly innovating new products that fill the existing gaps in technology. Belkin's belief of technology being meant for the user rather than the other way around translates perfectly into its innovations including the lasted Belkin AC1200.
About Belkin India
Since 2009, Belkin has taken rapid strides towards becoming a leading tech & digital lifestyle brand. Belkin has come a long way to become the market leader across its product lines in India. From a single person to a team of 70+ people and offices in major metros, Belkin has become one of the fastest-growing tech brands in the Indian sub-continent. Belkin's extensive footprint now extends beyond India to Bangladesh, Sri Lanka, Nepal & Pakistan.
To view the photograph, please clcik on the link given below:
Belkin AC1200
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Belkin_AC1200.jpg
Belkin_AC1200.jpg
CONTACT DETAILS
Monomita Mukhopadhyay, Belkin India, +91 9899807813, Monomita.Mukhopadhyay@belkin.com
Tanay Chaturvedi, 20:20 MSL, +91 9999167009, Tanay.Chaturvedi@2020msl.com
KEYWORDS
CONSUMER, ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, ELECTRONICS, IT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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BWI: Unichem Laboratories Receives ANDA Approval from USFDA for Tizanidine Tablets
Press release from Business Wire India
Source: Unichem Laboratories Limited
Thursday, November 29, 2012 02:41 PM IST (09:11 AM GMT)
Editors: General: People; Business: Business services, Healthcare, biotechnology & pharmaceutical; Technology; Healthcare
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Unichem Laboratories Receives ANDA Approval from USFDA for Tizanidine Tablets
Mumbai, Maharashtra, India, Thursday, November 29, 2012 -- (Business Wire India) -- Unichem laboratories Limited are pleased to announce that it has received ANDA approval from the United States Food and Drug Administration (U.S. FDA) for Tizanidine Tablets.
Tizanidine Tablets USP 2mg and 4mg are therapeutically equivalent to ZANAFLEX® Tablets 2mg and 4mg from Acorda Therapeutics.
Tizanidine tablets belong to a group of medicines called skeletal muscle relaxants. Tizanidine Tablets is used to help relieve, although not cure, muscle spasms caused by medical conditions such as multiple sclerosis or injuries to the brain or spine.
The product will be commercialized from Unichem's Goa plant. Active pharmaceutical ingredient i.e., Tizanidine Hydrochloride used for this ANDA is also made in house at Roha plant.
Currently, there are 9 generic approvals, while only 3 companies are dominating the market. The current market size is US$ 70 Million growing at 5% in value terms and 10% in volume.
About Unichem Laboratories Limited.
Unichem Laboratories Limited is an international, integrated, specialty pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India and several other markets across the world. In India, the company is a leader in niche therapy areas of cardiology, neurology, orthopedics and anti-infectives. The company has strong skills in product development, process chemistry and manufacturing of complex API as well as dosage forms. More information about the company can be found at www.unichemlabs.com.
BSE: 506690; NSE: UNICHEMLAB; Reuters: UNLB.BO; Bloomberg: UN@IN
CONTACT DETAILS
Mr. K Subharaman, Unichem Laboratories Limited, +91 (22) 66888404 / +91 9833031121, subharamank@unichemlabs.com
Mr. Rakesh Parikh, Unichem Laboratories Limited, +91 (22) 66888414 / +91 9892925555, rparikh@unichemlabs.com
Mr. M Gundu Rao, Unichem Laboratories Limited, +91 (22) 66888380 / +91 9820228944, gundurao@unichemlabs.com
KEYWORDS
PEOPLE, BUSINESS SERVICES, HEALTHCARE, TECHNOLOGY, HEALTHCARE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: Unichem Laboratories Limited
Thursday, November 29, 2012 02:41 PM IST (09:11 AM GMT)
Editors: General: People; Business: Business services, Healthcare, biotechnology & pharmaceutical; Technology; Healthcare
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Unichem Laboratories Receives ANDA Approval from USFDA for Tizanidine Tablets
Mumbai, Maharashtra, India, Thursday, November 29, 2012 -- (Business Wire India) -- Unichem laboratories Limited are pleased to announce that it has received ANDA approval from the United States Food and Drug Administration (U.S. FDA) for Tizanidine Tablets.
Tizanidine Tablets USP 2mg and 4mg are therapeutically equivalent to ZANAFLEX® Tablets 2mg and 4mg from Acorda Therapeutics.
Tizanidine tablets belong to a group of medicines called skeletal muscle relaxants. Tizanidine Tablets is used to help relieve, although not cure, muscle spasms caused by medical conditions such as multiple sclerosis or injuries to the brain or spine.
The product will be commercialized from Unichem's Goa plant. Active pharmaceutical ingredient i.e., Tizanidine Hydrochloride used for this ANDA is also made in house at Roha plant.
Currently, there are 9 generic approvals, while only 3 companies are dominating the market. The current market size is US$ 70 Million growing at 5% in value terms and 10% in volume.
About Unichem Laboratories Limited.
Unichem Laboratories Limited is an international, integrated, specialty pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India and several other markets across the world. In India, the company is a leader in niche therapy areas of cardiology, neurology, orthopedics and anti-infectives. The company has strong skills in product development, process chemistry and manufacturing of complex API as well as dosage forms. More information about the company can be found at www.unichemlabs.com.
BSE: 506690; NSE: UNICHEMLAB; Reuters: UNLB.BO; Bloomberg: UN@IN
CONTACT DETAILS
Mr. K Subharaman, Unichem Laboratories Limited, +91 (22) 66888404 / +91 9833031121, subharamank@unichemlabs.com
Mr. Rakesh Parikh, Unichem Laboratories Limited, +91 (22) 66888414 / +91 9892925555, rparikh@unichemlabs.com
Mr. M Gundu Rao, Unichem Laboratories Limited, +91 (22) 66888380 / +91 9820228944, gundurao@unichemlabs.com
KEYWORDS
PEOPLE, BUSINESS SERVICES, HEALTHCARE, TECHNOLOGY, HEALTHCARE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: International Best-Selling Author of The Journey and Mind-Body Healing Expert Brandon Bays is Returning to India!
Press release from Business Wire India
Source: The Journey India
Thursday, November 29, 2012 02:00 PM IST (08:30 AM GMT)
Editors: General: Consumer interest, Entertainment, Lifestyle, People; Business: Business services, Media & entertainment, Publishing & printing
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International Best-Selling Author of The Journey and Mind-Body Healing Expert Brandon Bays is Returning to India!
Mumbai, Pune, Maharashtra and Hyderabad, Andhra Pradesh, India, Thursday, November 29, 2012 -- (Business Wire India) -- Brandon Bays, International Bestselling author of The Journey, renowned mind-body Healing expert and Pioneer of The Journey Method, will be back on Indian soil with her second seminar tour and will be presenting the 3-day, life transforming and healing Journey Intensive and Advanced Skills seminar.
Through direct personal life experience and therapeutic metaphors, Brandon teaches her profound healing method and tools which she uncovered by her own "wake-up" call when she was catapulted on her own amazing healing journey and facilitates people from all walks of life to uncover their own shining potential.
The Journey is cutting-edge transformational and healing work recognised worldwide as a uniquely potent tool for awakening and liberating the infinite human potential. It is a simple and powerful step-by-step method that has helped many thousands of people around the world to heal from physical and emotional issues, from debilitating illnesses and life's challenges. It opens the door to joy, inner freedom, vibrant health, boundless potential and wholeness.
The Journey book has sold over 1 million copies worldwide and has been translated into 23 languages. Brandon is frequently on TV and Radio and has been featured in over 500 magazines and newspaper articles around the world. Currently The Journey offers seminars and workshops in 38 countries and has a non-profit organization called Journey Outreach serving underprivileged individuals and communities in many countries.
Brandon's book The Journey is her personal story of healing from a basketball-sized tumour in only 6½ weeks without drugs or surgery! The healing Journey Method was born from this experience.
Since the book was written, many thousands of people from around the world have healed issues such as anxiety, depression, stress, anger, grief, chronic pain, self-esteem issues, physical illnesses, mental issues, relationship difficulties, issues relating to abuse. The techniques outlined are so simple, effective and practical that people from all backgrounds, from all walks of life are already reaping the benefits.
Brandon Bays is giving Journey Seminars in Pune 30 Nov-02 Dec 2012, Mumbai 07-09 Dec & Hyderabad 14-16 Dec 2012. Visit www.thejourneyindia.in for more information.
To view the photograph, please click on the link given below:
Brandon Bays
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Brandon_Bays.png
Brandon_Bays.png
CONTACT DETAILS
Anita Anand, The Journey India, +91 8600538775, anita@thejourneyindia.in
KEYWORDS
CONSUMER, ENTERTAINMENT, LIFESTYLE, PEOPLE, BUSINESS SERVICES, MEDIA, PUBLISHING
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: The Journey India
Thursday, November 29, 2012 02:00 PM IST (08:30 AM GMT)
Editors: General: Consumer interest, Entertainment, Lifestyle, People; Business: Business services, Media & entertainment, Publishing & printing
--------------------------------------------------
International Best-Selling Author of The Journey and Mind-Body Healing Expert Brandon Bays is Returning to India!
Mumbai, Pune, Maharashtra and Hyderabad, Andhra Pradesh, India, Thursday, November 29, 2012 -- (Business Wire India) -- Brandon Bays, International Bestselling author of The Journey, renowned mind-body Healing expert and Pioneer of The Journey Method, will be back on Indian soil with her second seminar tour and will be presenting the 3-day, life transforming and healing Journey Intensive and Advanced Skills seminar.
Through direct personal life experience and therapeutic metaphors, Brandon teaches her profound healing method and tools which she uncovered by her own "wake-up" call when she was catapulted on her own amazing healing journey and facilitates people from all walks of life to uncover their own shining potential.
The Journey is cutting-edge transformational and healing work recognised worldwide as a uniquely potent tool for awakening and liberating the infinite human potential. It is a simple and powerful step-by-step method that has helped many thousands of people around the world to heal from physical and emotional issues, from debilitating illnesses and life's challenges. It opens the door to joy, inner freedom, vibrant health, boundless potential and wholeness.
The Journey book has sold over 1 million copies worldwide and has been translated into 23 languages. Brandon is frequently on TV and Radio and has been featured in over 500 magazines and newspaper articles around the world. Currently The Journey offers seminars and workshops in 38 countries and has a non-profit organization called Journey Outreach serving underprivileged individuals and communities in many countries.
Brandon's book The Journey is her personal story of healing from a basketball-sized tumour in only 6½ weeks without drugs or surgery! The healing Journey Method was born from this experience.
Since the book was written, many thousands of people from around the world have healed issues such as anxiety, depression, stress, anger, grief, chronic pain, self-esteem issues, physical illnesses, mental issues, relationship difficulties, issues relating to abuse. The techniques outlined are so simple, effective and practical that people from all backgrounds, from all walks of life are already reaping the benefits.
Brandon Bays is giving Journey Seminars in Pune 30 Nov-02 Dec 2012, Mumbai 07-09 Dec & Hyderabad 14-16 Dec 2012. Visit www.thejourneyindia.in for more information.
To view the photograph, please click on the link given below:
Brandon Bays
For picture(s)/data to illustrate this release click below:
http://www.BusinessWireIndia.com/attachments/Brandon_Bays.png
Brandon_Bays.png
CONTACT DETAILS
Anita Anand, The Journey India, +91 8600538775, anita@thejourneyindia.in
KEYWORDS
CONSUMER, ENTERTAINMENT, LIFESTYLE, PEOPLE, BUSINESS SERVICES, MEDIA, PUBLISHING
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: CG’s Bangalore Plant to Help Link India’s Smart Grid
Press release from Business Wire India
Source: Crompton Greaves Ltd
Thursday, November 29, 2012 11:58 AM IST (06:28 AM GMT)
Editors: General: People; Business: Business services, Electronic appliances & components, Energy companies; Technology
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CG's Bangalore Plant to Help Link India's Smart Grid
Mumbai, Maharashtra, India, Thursday, November 29, 2012 -- (Business Wire India) -- -- Plant to make intelligent electronic devices, critical in the control of power systems
-- CG helping develop India's first Smart Grid project in Puduchery
CG, part of the US$ 4 bn Avantha Group, is setting up a greenfield plant in Jigani Industrial Area, Bangalore, which will be operational by this year-end and help bolster India's Smart Grid initiative. The plant will be making intelligent electronic devices (IEDs) which are critical in the control and monitoring of power systems. The plant will also assemble control and relay panels using these IEDs, complying with the latest Substation Automation standard - IEC 61850.
As India's power network becomes complex and the demand for energy increases, the country needs to accelerate the deployment of Smart Grid technolgies. Offering unprecedented control and efficiency in power supply, a Smart Grid could go a long way in protecting consumers from the kind of outage Northern India experienced recently. India needs to improve its power generation and transmission, which can be enabled by investing in these innovative grid control technologies. As of now. pilot projects for Smart Grid technologies are being carried out in several cities, including Bangalore.
This plant will be the base for manufacturing in India the entire range of Protection, Control and Communication products from CG's Automation Business Unit. With the acquisition of ZIV complete, CG gets access to ZIV's Smart Grid technologies, including expertise in grid automation. ZIV complements CG's offering for grid automation, enhancing its differentiated offering in its core business.
Mr Laurent Demortier, Chief Executive Officer & Managing Director, CG, said, "The ZIV acquisition positions and accelerates CG as a strong player in the promising Smart Grid segment. CG is commited to contribute to the development of India's first Smart Grid project in Puduchery in association with Power Grid Corporation of India Ltd (PGCIL). The project's advance metering infrastructure will ensure that consumers get the advantages of efficient power supply."
Covering 4050 sq mtrs, the plant will employ 30 people in its first year of operations. With demand in the Indian market picking up substantially, the plant will first cater to the Indian market. It will gear up to meet demand in nearby geographies and further extend its market reach in the years to come.
CG
CG, part of the US$4 bn Avantha Group, is a global pioneering leader in the management and application of electrical energy. With around 9,500 employees across its operations in 13 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into four business groups: Power, Automation, Industrial, and Consumer. Nearly, two-thirds of CG's US$2.4 billion sales accrue from product lines.
For more information on CG, please visit: www.cgglobal.com
About Avantha
The US$ 4 bn Avantha Group is one of India's leading business conglomerates. Its successful entities include BILT, Crompton Greaves, The Global Green Company, Avantha Power & Infrastructure, Solaris ChemTech Industries, Biltech Building Elements, Salient Business Solutions and Avantha Technologies. With an impressive global footprint, Avantha operates in more than twenty countries, employing over 22,000 people worldwide. The Group has business interests in diverse areas including power transmission and distribution equipment and services, paper and pulp, energy and infrastructure, food processing, farm forestry, insurance,chemicals, IT and ITES. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.
For more information on Avantha, please visit www.avanthagroup.com.
CONTACT DETAILS
Ms. Paula Sengupta, Global Head - Corp. Communication, CG (Crompton Greaves Limited), +91 (22) 24237842 / 67558771, paula.sengupta@cgglobal.com
Mrs. Shravani Dang, Group Head - Corporate Communications, Vice President - Avantha Group, +91 (124) 4099436, s.dang@avanthagroup.com
KEYWORDS
PEOPLE, BUSINESS SERVICES, ELECTRONICS, ENERGY, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: Crompton Greaves Ltd
Thursday, November 29, 2012 11:58 AM IST (06:28 AM GMT)
Editors: General: People; Business: Business services, Electronic appliances & components, Energy companies; Technology
--------------------------------------------------
CG's Bangalore Plant to Help Link India's Smart Grid
Mumbai, Maharashtra, India, Thursday, November 29, 2012 -- (Business Wire India) -- -- Plant to make intelligent electronic devices, critical in the control of power systems
-- CG helping develop India's first Smart Grid project in Puduchery
CG, part of the US$ 4 bn Avantha Group, is setting up a greenfield plant in Jigani Industrial Area, Bangalore, which will be operational by this year-end and help bolster India's Smart Grid initiative. The plant will be making intelligent electronic devices (IEDs) which are critical in the control and monitoring of power systems. The plant will also assemble control and relay panels using these IEDs, complying with the latest Substation Automation standard - IEC 61850.
As India's power network becomes complex and the demand for energy increases, the country needs to accelerate the deployment of Smart Grid technolgies. Offering unprecedented control and efficiency in power supply, a Smart Grid could go a long way in protecting consumers from the kind of outage Northern India experienced recently. India needs to improve its power generation and transmission, which can be enabled by investing in these innovative grid control technologies. As of now. pilot projects for Smart Grid technologies are being carried out in several cities, including Bangalore.
This plant will be the base for manufacturing in India the entire range of Protection, Control and Communication products from CG's Automation Business Unit. With the acquisition of ZIV complete, CG gets access to ZIV's Smart Grid technologies, including expertise in grid automation. ZIV complements CG's offering for grid automation, enhancing its differentiated offering in its core business.
Mr Laurent Demortier, Chief Executive Officer & Managing Director, CG, said, "The ZIV acquisition positions and accelerates CG as a strong player in the promising Smart Grid segment. CG is commited to contribute to the development of India's first Smart Grid project in Puduchery in association with Power Grid Corporation of India Ltd (PGCIL). The project's advance metering infrastructure will ensure that consumers get the advantages of efficient power supply."
Covering 4050 sq mtrs, the plant will employ 30 people in its first year of operations. With demand in the Indian market picking up substantially, the plant will first cater to the Indian market. It will gear up to meet demand in nearby geographies and further extend its market reach in the years to come.
CG
CG, part of the US$4 bn Avantha Group, is a global pioneering leader in the management and application of electrical energy. With around 9,500 employees across its operations in 13 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into four business groups: Power, Automation, Industrial, and Consumer. Nearly, two-thirds of CG's US$2.4 billion sales accrue from product lines.
For more information on CG, please visit: www.cgglobal.com
About Avantha
The US$ 4 bn Avantha Group is one of India's leading business conglomerates. Its successful entities include BILT, Crompton Greaves, The Global Green Company, Avantha Power & Infrastructure, Solaris ChemTech Industries, Biltech Building Elements, Salient Business Solutions and Avantha Technologies. With an impressive global footprint, Avantha operates in more than twenty countries, employing over 22,000 people worldwide. The Group has business interests in diverse areas including power transmission and distribution equipment and services, paper and pulp, energy and infrastructure, food processing, farm forestry, insurance,chemicals, IT and ITES. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.
For more information on Avantha, please visit www.avanthagroup.com.
CONTACT DETAILS
Ms. Paula Sengupta, Global Head - Corp. Communication, CG (Crompton Greaves Limited), +91 (22) 24237842 / 67558771, paula.sengupta@cgglobal.com
Mrs. Shravani Dang, Group Head - Corporate Communications, Vice President - Avantha Group, +91 (124) 4099436, s.dang@avanthagroup.com
KEYWORDS
PEOPLE, BUSINESS SERVICES, ELECTRONICS, ENERGY, TECHNOLOGY
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