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Murugappa Group is today an industry leader in many fields and enjoys a high degree of credibility in the market place. Started 100 years ago as a small family run business in indigenous financing, the group is currently INR 52,000 million (USD 1 billion) corporate with diversified interests in abrasives,
engineering, farm inputs, plantations, sugar, bio-products, chemicals,
nutraceuticals.
The group is also the first and only business group in Asia to have been
awarded the ‘IMD Distinguished Family Business Award’ by the internationally
famous Management Development Institute located in Lausanne, Switzerland.
With a current turnover of 1 billion dollars, their presence is spread across 12
states in India in the form of 42 manufacturing units out of which 21 are
recipients of the ISO 9000 Certification.
Right through its one hundred years of evolution, the group has maintained
transparency in all its activities and enjoys an excellent reputation
for high ethical
standards in whatever business it is in. with nearly half its turnover from
agro-based products, the group is also known to be very environment
conscious and eco friendly.
The Group’s values and beliefs are firmly rooted in the philosophy enunciated by the
Arthashastra, the ancient Indian treatise on economic and political wisdom, which states:
“The fundamental principle of economic activity is that, no man you transact with will lose; then you shall
not”.
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