Crompton Greaves to acquire lighting division of Karma Industries
 
Crompton Greaves (CG), a global pioneering leader in the management and application of electrical energy, announced that it has entered into a definitive agreement with Himachal Pradesh-based Karma Industries to buy the latter’s compact fluorescent lamp (CFL) manufacturing business. The operations, located in Baddi, Himachal Pradesh, are dedicated to manufacturing CFL products. The company plans to integrate this unit with its existing consumer business unit.
 

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Crompton Greaves to acquire lighting division of Karma Industries
 
Crompton Greaves (CG), a global pioneering leader in the management and application of electrical energy, announced that it has entered into a definitive agreement with Himachal Pradesh-based Karma Industries to buy the latter’s compact fluorescent lamp (CFL) manufacturing business. The operations, located in Baddi, Himachal Pradesh, are dedicated to manufacturing CFL products. The company plans to integrate this unit with its existing consumer business unit.
 

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