CG Power & Industrial Solutions to acquire majority stake in G G Tronics

This acquisition is in line with CG's strategic intent to expand its Railway product portfolio by diversifying into closely related or adjacent areas poised for growth. The integration is anticipated to leverage synergies between the companies. CG's extensive expertise in manufacturing, engineering, and project management, complemented by GGT's specialized knowledge in Railway Transport Safety, particularly in the

Train Collision Avoidance System 'KAVACH,' and embedded systems will enable CG to actively pursue 'KAVACH' and other Rail Safety projects, in the areas of Electronic Signalling sector through this vehicle.