Who We Are

About Us

Murugappa Group of Companies

Manifesting the heart of our century-old golden heritage into our superior global business standards.

About Us

Murugappa Group is an INR 381 billion (38,105 Crores) organization founded in the year 1900. Deeply rooted in the global business across various verticals, we are the pioneers of business conglomerates in India. The Group’s multifarious portfolio showcases 28 businesses including 9 listed companies across various domains of Agriculture, Engineering, and Finance. With its headquarters in ‘The Detroit of India’- Chennai, the major Companies of the Group 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.

Over the years, the Murugappa Group has flourished in a broad array of market sectors and has been the leading light in served segments including abrasives, auto components, transmission systems, cycles, sugar, farm inputs, fertilizers, plantations, bio-products, and nutraceuticals. The Group not only has an impeccable and inexhaustible presence in India but has a gigantic base in 6 other continents as well. It has engendered strong alliances with leading international corporations like 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 Group espouses a healthy environment of professionalism and growth with a substantial workforce of over 51,000 employees.


As early as 1934, Murugappa Group invested in Steel, Furniture, and Emery Paper setting up the foundation of this gigantic present. In 1950, the Group started Tube Investments of India Ltd and CUMI and founded the AMM Charities Trust in the year 1953. While the actual Murugappa Groups, its acquisition and the turnaround of the companies took place in 1981.

By 2005, the Group announced its global presence by acquiring leading corporations like TIFERET, RAW, and making business agreements with Foskor. In the year 2009, it formed Diversified Business Group (DBG); In the year 2014, a joint venture was formed between Coromandel, Tube Investments of India Ltd, and Yanmar for farm equipment. The Group acquired an 80% stake in Creative Cycles Limited and Great Cycles Limited of Srilanka in 2018 while Coromandel International acquired the bio-products division of the EIDParry in the same year.

Group Heritage

In spite of having such colossal existence in India, the roots of the Murugappa Group come from Burma when a 14-year-old Murugappa Chettiar accompanied his uncle as an apprentice to the British province of Burma in 1898. His fluency in Burmese gave him the advantage to set up his own banking practice. By 1914, his firm was only second to The Imperial Bank of Burma. Such was his strong dedication, perseverance, and integrity which made him our torchbearer.

The Great Depression, World War, and growing sentiments against foreigners brought hindrances in the future of the business in Burma. Employing keen foresight, Dewan Bahadur had the family funds transferred to India before the Burmese government took over foreign holdings. In India, our leader passed on his legacy to his three sons and enlightened them with exceptional opportunities to diversify their business.

Group Philosophy

There’s an excerpt from Arthashastra – “The fundamental principle of economic activity is that no man you transact with will lose, then you shall not.”

Our founder laid out this very basic yet vehement principle over a century ago and henceforth, it has been the sole source of inspiration for us.

Values & Beliefs

To know more, please visit www.murugappa.com

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