The CE GROUP was established in 1980 by a technocrat Mr. Mukund Bapat backed with rich experience of Bhabha Atomic Research Centre, Larsen & Toubro Ltd.& Kaycee Industries Ltd for manufacturing Counters & Totalizers under CE Brand.

The CEO, Mr Sachin Bapat joined the company in 2002.  He has been instrumental in establishing the groups' exports to USA, Brazil, Australia, Mexico, Philippines, and many other countries in South Asia. He has an MBA in Marketing and a Bachelor of Commerce degree from University of Mumbai.