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Murugappa Group

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Murugappa Group:

The Murugappa Group began as a banking enterprise in the pre -World War 1 era in Burma (Myanmar). Shifting to India during the turbulent war years, the Group established its base in the South. It grew by leaps & bounds, building strong, market-leading companies in critical sectors like agri-solutions, financial services & engineering. Today, the Murugappa Group is an INR 742 billion conglomerate, with an exceptional reputation for value creation and high standards of governance. The group is headquartered in Chennai and has 28 businesses, including nine listed companies that trade in the NSE & BSE. Its major companies include Carborundum Universal Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd., and Wendt (India) Ltd. The group is a market leader in a variety of segments, including abrasives, auto components, transmission systems, cycles, sugar, farm inputs, fertilizers, plantations, bioproducts, and nutraceuticals. Murugappa Group has formed strong partnerships with renowned international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Sociedad Química y Minera de Chile (SQM), Yanmar & Co., and Compagnie Des Phosphat De Gafsa (CPG). The Murugappa Group has a wide geographic presence in India and spanning 6 continents and is home to well-known brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Parry’s, Chola, Gromor, Shanthi Gears, and Paramfos. With over 50,000 employees, the group fosters a professional work environment.

Murugappa Group:

The Murugappa Group, a leading business conglomerate in India with a valuation of INR 369 billion (36,893 crores), has a rich history dating back to 1900. The group is headquartered in Chennai and has 28 businesses, including nine listed companies that trade in the NSE & BSE. Its major companies include Carborundum Universal Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance 

Murugappa Group has formed strong partnerships with renowned international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Sociedad Química y Minera de Chile (SQM), Yanmar & Co., and Compagnie Des Phosphat De Gafsa (CPG). The Murugappa Group has a wide geographic presence in India and spanning 6 continents and is home to well-known brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Parry’s, Chola, Gromor, Shanthi Gears, and Paramfos. With over 50,000 employees, the group fosters a professional work environment. Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd., and Wendt (India) Ltd. The group is a market leader in a variety of segments, including abrasives, auto components, transmission systems, cycles, sugar, farm inputs, fertilizers, plantations, bioproducts, and nutraceuticals.

Milestones

A journey of excellence. Across paradigms

Our milestones reflect our eventful journey since 1900.
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1900 TO 1915

The Group's founder, Dewan Bahadur AM Murugappa Chettiar sets up money lending and banking business in Burma (now Myanmar) under the name AMM Rm Firm

The Group diversifies into textiles, rubber plantations, insurance and stock broking. Expands business to Malaya (now Malaysia), Vietnam and Ceylon (now Sri Lanka)

1915 TO 1934

1934 TO 1949

Moves assets to India before the Japanese invasion of Burma in World War II. Ventures into industry with investments in emery paper and steel furniture

Establishes companies in core industrial sectors and re-enters the financial services sector

1950 TO 1980

1981 TO 1990

Enters agriculture sector with the acquisition of the 200-year old ailing company, E.I.D. Parry, a large sugar manufacturer in Tamil Nadu. Expands further into agriculture, growing the fertiliser business through its company Coromandel International Limited

Formation of the Murugappa Group structure, streamlining of core businesses and realigning of portfolios. Expands global presence through JVs with leading international companies

1991 TO 2000

2001 TO 2010

Increases global footprint and enhances customer touch points in cycles, farm inputs and general insurance

Achieves ambitious revenue targets at 3 times GDP. Garners significant leadership positions through increased capital expenditure and significant growth in adjacency businesses and acquisitions

2011 TO 2019

The Murugappa
Group today

The Murugappa Group turnover is at INR 547 billion

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Murugappa

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Murugappa

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Address (HQ)

GEE GEE Universal, 6th Floor No:2, MC Nicholas Road, Chetpet, Chennai

Call us

T: + 91(0)44 4044 5620 / 30
F: +91 (0) 44 4044 5550

Email us

inquiry@cholams.murugappa.com