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CNBC TV1809-02-2026, 16:14

Crompton Greaves Sees Early Demand Pickup, Aims for Mid-Teen Growth

  • Crompton Greaves Consumer Electricals reports early signs of demand recovery after a challenging period for the consumer durables industry.
  • The company maintains its mid-teen growth target over the medium term, with a long-term goal of doubling the business in five years.
  • Market share remains a key focus, with gains across categories driven by consumer-centric product development and technology-led offerings.
  • The March quarter is expected to be seasonally strong, with kitchen appliances and solar pumps showing robust performance.
  • Crompton is bullish on the solar segment, especially PM-KUSUM driven solar pumps, aiming for ₹1,500 crore from solar pumps and rooftop in two years.

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