Tech innovation keeps behemoth relevant

Shanghai Electric, its units and JVs draw strength by boldly embracing change

For a corporate giant whose origins stretch back all the way to 1880, survival, change, renewal, transformation and such concepts may appear like part of its management ethos or DNA, if you will.

State-owned Shanghai Electric Group Co Ltd has seen, done and weathered them all. What, however, makes the conglomerate stand out from the corporate crowd is its penchant for innovation and upgradation. So is the company's commitment to the ambitious city cluster project of the Yangtze River Delta.