Company type | Private |
---|---|
Industry | Conglomerate |
Founded | 1900 |
Founder | A.M.Murugappa Chettiar |
Headquarters | Chennai, Tamil Nadu, India |
Key people | M. M. Murugappan (Executive Chairman) M.V. Subbiah |
Products | Agriculture Engineering Financial services |
Revenue | ₹85,000 crore (US$9.9 billion) (FY24) [1] |
₹10,424 crore (US$1.2 billion) (FY23) [2] | |
₹6,846 crore (US$800 million) (FY23) [2] | |
Number of employees | 73000 (2024) |
Parent | Murugappa Holdings [3] |
Subsidiaries | Carborundum Universal Ltd Cholamandalam Financial Holdings Ltd Cholamandalam Investment and Finance Company Cholamandalam MS General Insurance Coromandel International Ltd. Coromandel Engineering Company Ltd EID Parry Parry Agro Industries Ltd. Shanthi Gears Ltd Tube Investments of India Limited Net Access India Ltd and Wendt (India) Ltd CG Power and Industrial Solutions |
Website | murugappa.com |
Murugappa Group is an Indian conglomerate founded in 1900 by A. M. Murugappa Chettiar. [4] [5] The Group has 29 businesses including 10 companies listed on the NSE and the BSE. [6] [2] Headquartered in Chennai, the major companies of the Group include Carborundum Universal, Cholamandalam Financial Holdings, Cholamandalam Investment and Finance, Cholamandalam MS General Insurance, Coromandel International, EID Parry, Parry Agro Industries, Shanthi Gears, Tube Investments of India, Wendt (India), and CG Power and Industrial Solutions. In 2024, their net worth was estimated as ₹85,000 Crore (9.8 Billion USD).
The Group has presence in several segments including abrasives, auto components, bicycles, sugar, farm inputs, fertilisers, plantations, bioproducts and nutraceuticals. It owns brands like BSA, Hercules, Montra, Montra Electric, Mach City, Ballmaster, Ajax, Parry's, Chola, Gromor, Shanthi Gears and Paramfos. The Group has a workforce of over 60,000 employees. [7] The current executive chairman is MM Murugappan. [8]
Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 40,187 employees, 5,856 branches with 4,937 ATMs and Cash deposit machines. Total business of the bank has touched ₹1,221,773 crore (US$140 billion) as of 31 March 2024.
Alagappa College of Technology is an educational institution located in Chennai, Tamil Nadu, India that offers higher education in engineering, technology and allied sciences. The college was established in 1944 and was integrated with Anna University in 1978 from University of Madras as a constituent part of Anna University within its Guindy Campus.
Ambattur is a northwestern part of Chennai, India. It is located in Ambattur taluk of the Chennai District, surrounded by Avadi, Anna Nagar, Korattur, Padi, Mogappair, Kallikuppam, Surapet, Ayappakkam, Athipet and Thiruverkadu. It covers an area of 40.36 km2 (15.58 sq mi). The neighbourhood is served by Ambattur railway station. Ambattur was once a village with large extents of agricultural farm lands irrigated by the sprawling Ambattur Lake. Today, the area is a bustling urban hub teeming with industrial and commercial activity.
Ranipet is an industrial town and the headquarters of Ranipet district at Vellore region in Tamil Nadu. It is located about 115 kilometres (71 mi) from the Chennai city. It is a major industrial town located on NH 4 Chennai-Bangalore highway, on the northern bank of the Palar River.
EID Parry Limited is an Indian public company engaged in the manufacture and marketing of sugar and bio-products, headquartered in Chennai. EID Parry has been in business since 1788, making it the oldest surviving mercantile name in Chennai. It has many firsts to its credit, including the manufacturing of fertilizers (1906) for the first time in the Indian subcontinent.
Kakkanad is a region in the Kochi metropolitan area, located 7 km (4.3 mi) east of the Kochi city centre. The term is used to refer to an area covering Thrikkakara municipality and the built-up areas in the western parts of the adjoining Kunnathunad grama panchayat.
CG Power and Industrial Solutions Limited, also known as Crompton Greaves Limited, is an Indian multinational company engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution & Rail Transportation. It is based in Mumbai and is a part of the Chennai based Murugappa Group since 2020, who acquired it from the Avantha Group. The company was restructured in 2016 following the demerger of its consumer goods business.
TI Group plc was a holding company for specialised engineering companies. It was based in Abingdon, Oxfordshire and was listed on the London Stock Exchange, at one point being a constituent of the FTSE 100 Index.
Sir Ivan Stedeford Hospital is a multi-speciality hospital in Ambattur, Chennai, India. The hospital is named after Sir Ivan Stedeford, the British industrialist and philanthropist. The hospital was opened on 25 February 1966 and is managed by the AMM Foundation. It is situated 3 km from the Ambattur rail-bridge on the Ambattur–Avadi road, about a kilometer from the Ambattur–Red Hills Road intersection. The hospital has been certified with ISO 9001-2008 for Quality Health Care Service by BVQI, London in 2010.
Coromandel International Limited is an Indian agrochemicals company which makes crop protection products. Originally named Coromandel Fertilisers, the company makes fertilizers, pesticides and specialty nutrients. Coromandel International is part of Murugappa Group and a subsidiary of EID Parry, which holds a 62.82% stake in the company.
Arunachalam Vellayan is a member of the Murugappa family and the vice-chairman of the Murugappa Group, based in Chennai, India. In February 2018, he stepped down as chairman of the group, ceding the spot to his cousin M.M.Murugappan. He is the Chairman of Coromandel International Limited and EID Parry (India) Ltd. He is also the Chairman of the Fertiliser Association of India, and is a Director in AMM Educational Foundation and Kanoria Chemicals and Industries Ltd, Calcutta.
Tube Investments of India Limited is an Indian engineering and manufacturing company that specializes in bicycles, metal formed products, and chains. It is based in Chennai and a part of Murugappa Group. It was incorporated as TI Cycles of India Limited in 1949, as a joint venture company.
Tube Products of India (TPI) a Unit of Tube Investments of India Ltd. is a steel tubes manufacturer based in India.
Engro Holdings Limited, formerly known as Dawood Hercules Corporation Limited is a Pakistani holding company headquartered in Karachi.
The Murugappa family is an Indian Tamil Nagarathar business family that owns and manages the Murugappa Group, a conglomerate with interests in bicycles, sugar, abrasives, fertilizers, financial services, and manufacturing. In 2024, their net worth was estimated at ₹85,000 Crore.
M. V. Subbiah Chettiar is an Indian industrialist, patriarch of the Murugappa family, and a former executive chairman of the Murugappa Group, known for his turnaround of EID Parry. In 2012, he was awarded India's third highest civilian honor, the Padma Bhushan.
Carborundum Universal Ltd (CUMI) is an Indian company which manufactures and develops abrasives, ceramics, refractories, aluminium oxide grains, machine tools, polymers, adhesives and electro minerals in India. It is a part of the Murugappa Group.
M. M. Murugappan is a fourth-generation member of the Murugappa family and the former chairman of the Murugappa Group.
Cholamandalam Investment and Finance Company Limited (CIFCL) is an Indian non-banking financial company and investment service provider, headquartered in Chennai. Established in 1978, it is a part of the Murugappa Group.