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| Home > About Us > History |
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| History |
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| Cummins Generator Technologies is registered as a public company (registered as Newage Electrical India Ltd). Its Plant was inaugurated on 15th May, 1992. The operations commenced in the year 1993-94. Right from the inception, the Company has implemented many industrial engineering principles in the TQM way. The Company has achieved the phenomenal growth. Starting from humble sales of Rs. 5 Crores in the first year 1993/94, progressed rapidly to the turnover of Rs. 64 Crores in 1999-2000.& turnover of Rs. 161 Crores. in the financial year 2004-2005. The latest financial year 2005-6 saw the company posting record sales of Rs. 234 Crores in Sales. This has established Cummins Generator Technologies India as a market leader in the Indian alternator market. The companies Manufacturing plant and registered office is located at Ahmednagar in India. The corporate office started at Pune in year 2002-2003. Cummins Generator Technologies has achieved a largest capacity of manufacturing 30,000 units per annum in year 2004 and has ambitious plans to create an annual capacity of over 60,000 units from 2007 onwards. |
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| Major Highlights |
- April 1993 – Commercial Production Started.
- June 1989 – MOU Signed For JV with Crompton Greaves (CGL)
- May 1996 – Accredited With ISO 9000.
- July 2002 – Crompton Greaves Ltd Sells Shares To Cummins group.
- April 2003 – India Product IP 23 Compliant (First Unit globally)
- Year 2003 – Sales Volume 13000 Alternators Value 20 Mn US$
- Jan 2004 – Formal Inauguration Of Facilities After Expansion
- Feb 2004 – Started Exports to Associate Entities (group companies).
- Year 2004 – Sales Volume 19,000 alternators – Value 30 Mn US$
- May 2005 – Capacity In Place For Manufacturing 40,000 annually
- Year 2005 – Sales Volume 30,000 & Value 40 Mn US$
- Year 2006 – Sales Volume 43,000 & Value 58 Mn US$ (Estimated)
- Profit Making Enterprise since Inception …..
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| Please click on the thumbnail pictures below to see a larger view |
| Milestones |
| 16-May-1991 (Foundation Stone) |
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| 15-May-1992 (Plant Inauguration) |
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| 11-Feb-1997 (Phase-I Expansion) |
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| 4-May-2003 (Phase-II Expansion) |
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| 18-April-2005 (Phase-III Expansion) |
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