Electrical engineering company partners with Flanders to expand railway traction motor services in the US market

DSIJ Intelligence-1 / 12 Aug 2025/ Categories: Multibaggers, Trending

Electrical engineering company partners with Flanders to expand railway traction motor services in the US market

The company has a market cap of over Rs 1 lakh crore with multibagger returns of over 5,000 per cent in 5 years.

CG Power and Industrial Solutions Ltd (CG), through its wholly-owned US subsidiary, CG DE SUB, LLC (CG USA), has partnered with Flanders Electric Motors Service, LLC (FLANDERS). This collaboration aims to significantly expand CG's presence in the USA railway sector by combining their respective strengths. The goal is to offer high-quality products and services, including railway traction motor replacements and refurbishments, with competitive pricing and faster delivery, leveraging FLANDERS' local capabilities.

The USA railway market presents a substantial growth opportunity for CG, with its vast network of approximately 140,000 miles. To capitalize on this, the agreement with FLANDERS is crucial. FLANDERS' reputation for rapid repair times, quality assurance, and reliable service, along with its existing US presence, makes it an ideal partner for CG USA to engage customers effectively and provide dependable solutions, backed by CG's extensive global experience in railway solutions.

This association marks a significant step in CG's North American growth strategy and FLANDERS' expansion in the traction motor business. Both companies share a commitment to technical excellence and reliability, and their combined efforts are set to drive innovation in the railway sector, positioning them as leaders in the future of rail transportation while addressing the increasing demands of the USA market.

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About CG Power and Industrial Solutions Limited

CG Power and Industrial Solutions Limited (CG), headquartered in Mumbai, India, is a prominent engineering conglomerate with strong leadership in the Electrical Engineering Industry. The company operates in two main areas: Industrial Systems and Power Systems, manufacturing a diverse range of products including Traction Motors, Propulsion Systems, and Signaling Relays for Indian Railways, as well as Induction Motors, Drives, Transformers, and Switchgears for industrial and power sectors. Recently, CG has also expanded into consumer appliances like Fans, Pumps, and Water Heaters, and has made a strategic foray into the semiconductor space by establishing an Outsourced Semiconductor Assembly and Testing (OSAT) facility and acquiring Renesas's Radio Frequency (RF) components business to form Axiro Semiconductor, a fabless design company.

CG boasts a significant operational footprint with 18 world-class manufacturing units across India and one in Sweden, supported by a pan-India network of 5 regional and 14 branch offices, employing approximately 3,113 individuals. The company reported a consolidated revenue of Rs 9,909 crore (USD 1,146 M) for Fiscal Year 2025. Since November 2020, CG has been a part of the esteemed Murugappa Group, and it continues to uphold its leadership position across its various businesses through its exceptional expertise, customer-focused approach, and strong emphasis on innovation and sustainability.

The company has a market cap of over Rs 1 lakh crore with multibagger returns of over 5,000 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.