Financial Times FT.com

Indian group drops ‘British’ name

By James Lamont in New Delhi

Published: October 19 2009 18:33 | Last updated: October 19 2009 18:33

A celebrated name from the history of British engineering disappeared on Monday when Crompton Greaves, one of India’s oldest companies, named after a pioneer British electrical engineer, changed its name for an abbreviated version aimed at reflecting its identity as an ambitious Delhi-based multinational.

Crompton Greaves was established in India during British rule in 1937. The electrical equipment maker now has $2bn in annual turnover and operations in nine countries.

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