The company has subsidiaries in India, Russia, South Africa, Australia, China, Thailand and Canada.
History
CUMI-1954
CUMI was established as a result of diversification from banking business through cycle manufacturing with the intent to manufacture abrasive materials. CUMI's parent company, the Murugappa Group, made a tie up with the Carborundum, UK, a subsidiary of American abrasive manufacturer, Carborundum, USA and the Universal Grinding Co. Ltd., UK in 1950. The result was the Carborundum Universal of Madras. Then it was renamed and incorporated in 1954 as Carborundum Universal Ltd (CUMI).[3]
Establishments
Initially CUMI was founded to manufacture the core products for the collaborating companies. Later the company established its first bonded abrasive plant at Chennai with the facility acquired from Ajax Products and began its manufacturing in the abrasives platform. With the intention of producing technical ceramics for high temperature insulation products CUMI has made joint venture with Morgan Crucible Plc. UK resulted in the establishment of Murugappa Morgan Thermal Ceramics Ltd in 1982.[4]
The company has laid a strong foundation in engineered ceramics through number of joint ventures. In 1991 Wendt (India) Ltd, a joint ventured company of Wendt GmbH, Germany and The House of Khataus, was merged with the CUMI.[5] CUMI's first industrial ceramics division was established in Hosur, Tamil Nadu as a technical partnership with Coors Ceramics, USA in 1991.[6] Later it was expanded with the unique Metallized Cylinders Plant.
As a part of expanding their presence, in 2005 the company started CUMI Middle East FZE in Ras Al Khaimah. In order to strengthen their global presence CUMI bought Abrasive Enterprises Inc., Canada, for $2.24 Million by 2006.[7] After a year CUMI established CUMI International Ltd in Cyprus.
Acquisitions
Within a decade, after the withdrawal of the collaborators, CUMI acquired Ajax Products Pvt Ltd. CUMI stepped up its investment in abrasive industries by acquiring the Eastern Abrasives Ltd., Kolkata in 1978. In 1997, Cutfast Abrasive Tools Ltd., Eastern Abrasives Ltd., Cutfast Polymers Ltd. and Carborundum Universal Investment merged with Carborundum Universal Ltd.[8] Within a year of acquisition of Sterling Abrasives Ltd. and SEDCO in 2003, CUMI acquired CUMI Australia Pty Ltd. In 2007 the company took over the Chinese firm, Sanhe Yanjiao Jingri Diamond Industrial Company Ltd., and the Russian Volzhsky Abrasive Works.[9] Further acquisitions followed in 2008, including Foskor Zirconia Ltd., South Africa which became a subsidiary of CUMI.[10]
Diversification
Besides manufacturing, marketing and distribution, CUMI is also involved in diversified works like mining, power generation and TOT agreements with various organizations.
CUMI acquired Bauxite mines at Bhatia and Okha in Gujarat, a Silicon Carbide plant in Koratty, Kerala and a brown Aluminium Oxide grains plant at Edapally, Kerala. CUMI established a 12MW hydroelectric power plant at Maniyar, Kerala in 1994.[11] and a 5.5MW Wind mill at Nallur.
Different divisions create products with a range of applications, such as material removal, rough surface polishing and fine finishing by the Abrasives division; wear-resistant and heat-resistant liners and metallized ceramics by the Ceramics division; heat-resistant containment products from the Super Refractories division; and raw materials for abrasives and refractories by the Electrominerals division.
↑ LastName, FirstName (2009). India business yearbook, 2009. Noida, UP New Delhi: Vikas Pub. House Distributors, UBS Publishers' Distributors. ISBN9788125930860. Pg. No: 171
↑ Kazmi, Azhar (2008). Strategic management and business policy. New Delhi: Tata McGraw Hill Education. ISBN9780070263628.Pg. No: 214
↑ Survey, Geological (2011). Minerals Yearbook 2008 Metals and Minerals. US: Government Printing Office. ISBN9781411330153. Pg.No: 85-3
↑ Honningsvåg, Bjørn (2001). Hydropower in the new millennium: proceedings of the 4th International Conference on Hydropower Development, Hydropower '01, Bergen, Norway, 20-22 June 2001. Lisse, Netherlands Exton (PA: A.A. Balkema. ISBN9789058091956.Pg. no: 223
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₹4,731 crore (US$560 million) (FY23) [1] 
