Murugappa Group

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Industry Conglomerate
Founded 1900; 117 years ago (1900)
Headquarters Chennai
Key people
A. Vellayan (Executive Chairman)
M.V. Subbiah
Products Cycles, general insurance, Fertilizers, Abrasives, Automotive chains, Car door frames, Steel tubes & Gearboxes.
Revenue IncreaseUS$ 4.5  billion (2014) (as on 31 March 2015)
Number of employees
Parent Murugappa Holdings Limited,[1] New Ambadi Estates Private Limited, Ambadi Enterprises Private Limited, EID Parry (India) Limited (Group Main Flagship Company)

Founded in 1900, the [2] Murugappa Group[3] is an Indian business conglomerate, founded, managed, and largely owned by the Murugappa family. The group has 28 businesses including eleven listed companies traded on the National Stock Exchange of India and the Bombay Stock Exchane. Headquartered in Chennai, the major companies of the group include Carborundum Universal Ltd, Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., EID Parry (India) Ltd., ParryAgro Industries Ltd., Tube Investments of India Limited, and Wendt (India) Ltd., and Shanthi Gears Limited (Coimbatore).

Active[clarification needed] in several segments including abrasives, auto components, bicycles, sugar, farm inputs, fertilizers, plantations, bioproducts and nutraceuticals, the group has forged strong alliances with leading international companies like Groupe Chimique Tunisien, Foskor, Cargill, Mitsui Sumitomo, Morgan Crucible and Sociedad Química y Minera de Chile (SQM). The Group has a wide geographical presence spanning 13 states in India and five continents around across the globe.

Brands like BSA, Hercules, Ballmaster, Ajax, Parry’s, Chola, Gromor and Paramfos are from the stables of Murugappa. The organisation has a workforce of over 32,000 employees.



  • The foundation for this group was laid by Dewan Bahadur A M Murugappa Chettiar who established a money-lending and banking business in 1900.[4]
  • The business was first set up in Burma (now Myanmar) and then spread to Malaysia, Sri Lanka, Indonesia and Vietnam.


  • In the 1930s the business was moved back to India to start all over again from the scratch.




  • 1965: Established TI Metal Forming
  • 1968: Purchased Kadamane Estates



  • 1981:
  • 1983:
  • Murugappa Morgan Thermal Ceramics Limited is established as a JV between Morgan Thermal Ceramics division of Morgan Crucible Plc. UK and Carborundum Universal Ltd (CUMI) of Murugappa Group
  • Murugappa Group established Polutech Limited in association with EPI( USA)


  • 1991:
  • 1993:
  • TIDC India acquired Satavahana Chains
  • EID Parry merged Murugappa Electronics Limited with itself as Murugappa Industrial & Technical Services [Division]
  • 1994:
  • 1995:
  • January: EID Parry de-merged Murugappa Industrial & Technical Services as MEL Systems and Services Electronics Limited
  • June: Carborundum Universal Ltd acquired Sterling Abrasives Limited
  • December: Murugappa Group exited from electronics business after EID Parry divested MEL Systems and Services Electronics Limited
  • 1999


  • 2001:
  • 2003:


  • 2011:
  • October: EID Parry (India) Limited, completed the acquisition of U. S. Nutraceuticals LLC (Valensa International), a Company based in Florida, USA
  • December: Coromandel International Limited completed the acquisition of Sabero Organics, a leading player in crop protection products
  • 2013:
  • January: Coromandel International Limited Acquires Liberty phosphates, India's leading single super phosphate producer
  • 2016:
  • September:, India's leading warehouse equipment and industry product traders and suppliers.


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