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Contents
̏̐ ̒6
Overview Financial Services
̏6 ̒8
Group Structure Cholamandalam Investment
and Finance Company Limited
̏8
Milestones ̓̏
Cholamandalam MS General
̐̒
The Murugappa Way Insurance Company Limited
̘̐ ̓̑
Legacy Cholamandalam MS Risk Services Limited
̑̏ 44
Group Financials Other Businesses
̑̑ ̓6
Group Business Portfolio Parry Agro Industries Limited
̑̓ ̓8
Agriculture MOWS (Murugappa Organo Water Solutions)
̑6 ̘̓
Coromandel International Limited Parry Enterprises India Limited
̑8 ̔̏
E.I.D. Parry (India) Limited Coromandel Engineering Company Limited
̒̏ ̔̐
Engineering Ambadi Enterprises Limited
̒̑ ̔̒
Carborundum Universal Limited People
̒̓ ̔̕
Tube Investments of India Limited Community Initiatives
All financials in this brochure are for FY 2019-2020. Market Capitalisation as of 31st March, 2020
Overview
51,000 Employees
28 Businesses
1 Group
1 Ethos
The Murugappa Group had its
origins in the banking business
in Burma in the 1900s. Over the
years, the Group has grown into
a conglomerate with a global
footprint spanning 40 countries.
The Group operates 28 successful
businesses catering to diverse
markets around the world.
Over 51,000 employees work
together to create products and
services that make a difference
to countless lives around the world.
Murugappa Group ljŏ
Global Manufacturing Presence 11 manufacturing locations
3
3
Cholamandalam
Financial Holdings
Limited*
48.80% Carborundum
Universal Limited*
42.05%
Cholamandalam Investment
and Finance Company Limited*
51.65% Wendt India Limited (JV)*
39.87%
Pursuing Excellence.
Delivering Success.
ljî Ɨljŏŀ-ƗljƗlj Murugappa Group ljŀ
Milestones
Increases global footprint and enhances
customer touch points in cycles, farm
inputs and general insurance
2001
The Murugappa Group becomes the first Group in India to win the
IMD Distinguished Family Business Award from IMD Switzerland The Murugappa
2002 2011 Group today
TIMF begins supplying to the Railways, a new segment TO
that grows to capture significant market share in less than two decades
2019 The Murugappa Group turnover is at INR 381.05
Billion
2003
Launches Chola MS General Insurance Company Limited,
a General Insurance Joint Venture with global leader, Coromandel is presently the 5th largest
Mitsui Sumitomo Insurance Group, Japan Agrochemical Indian player. Operates the largest
network of agri-retail chains, ‘Mana Gromor’
2004 in India with over 750 centres
The Murugappa Group turnover crosses USD 1 Billion mark Achieves ambitious revenue
targets at 3 times GDP. E.I.D. Parry is one of India’s largest integrated
E.I.D. Parry launches India’s first branded sugar
Garners significant leadership sugar producers. The company is a global leader
– Parry’s Pure Refined Sugar
positions through increased in the organic spirulina space
2005 capital expenditure and significant
CUMI achieves global scale in silicon carbide, with the growth in adjacency CUMI enjoys the widest global footprint in the
acquisition of Volzhsky Abrasive Works (VAW), the world’s businesses and acquisitions Murugappa Group with over 20,000 products
second largest producer of silicon carbide across 3 business verticals being manufactured
in 5 countries and sold in over 50 countries
2007 2011 2016
Coromandel launches unique farm inputs rural retail format, TI Cycles creates a record, manufacturing The Murugappa Group turnover TII is one of the country’s leading engineering
Mana Gromor over 4 Million cycles crosses INR 300 Billion companies, the second largest manufacturer
of bicycles, and a preferred tier 1 supplier for
2008 Coromandel acquires Sabero Organics
Mitsui Sumitomo Insurance the automotive industry
TI Cycles takes the bicycle buying experience up several notches – in the Crop Protection Chemicals space
Group hikes stake in Chola MS
launches innovative retail format Track & Trail
to 40% Cholamandalam Investment and Finance
TI Cycles launches India’s first carbon
E.I.D. Parry acquires US Nutraceuticals, producer of dietary Company is a leading comprehensive financial
fibre bicycle, Montra 2017
formulations and nutraceuticals services company present across 1000+ branches
TI Cycles acquires 80% stake in serving over 10 Lakh customers with an AUM
2012
The Murugappa Group turnover crosses INR 150 Billion Creative Cycles (Pvt.) Limited crossing INR 60,000 Crores
TII acquires Shanthi Gears, brand leader
and Great Cycles (Pvt.) Limited,
2009 and benchmark in industrial gears
Sri Lanka Cholamandalam MS General Insurance
E.I.D. Parry acquires 76% stake in Sadashiva Sugars Limited 2014
2018 is ranked 7th among private insurers serving
and enters the state of Karnataka E.I.D. Parry’s SEZ unit at Kakinada records
TI holding in financial services over 14 Million customers. Chola MS’s GWP
2010 INR 1000 Crore turnover in its first full is at INR 4000 Crores in premiums and the PBT
is unbundled and a financial
Coromandel establishes Joint Venture with SQM Chile and year of operations is at INR 200 Crores
services holding company is setup.
becomes a ‘top 3’ player in India in the Specialty Nutrients space E.I.D. Parry subsidiary, US Nutraceuticals With this divestment, TI becomes
a full manufacturing setup Cholamandalam MS Risk Services executes
acquires Chile-based Alimtec SA, a key raw
TII ventures into Europe with the acquisition of SEDIS, France, 400+ Projects on an average every year. In EHS
material supplier for its US arm
an industrial chains manufacturer 2019 Risk Engineering Consultancy, the company has
Coromandel acquires Liberty Phosphates, TI Cycles commences operations the largest contingent of 270+ engineers
E.I.D. Parry acquires majority stake in GMR Industries Limited, becoming the largest Single Super at Rajpura and achieves
with manufacturing units in Karnataka and Andhra Pradesh Phosphate player in India production of 1 Lakh bicycles Parry Agro produces 13 Million kgs of tea on
per month its own and outsourced leaf production of 1 Million
Coromandel enters farm mechanisation kg from the Assam Rajajuli factory. Paralai estate
joint venture with Yanmar, Japan in Tamil Nadu, Annamalai is certified organic
2001
TO
2010
Five Lights
Arthashastra
Philosophy
Led by Vision.
Guided by Ethics.
Murugappa Group ŏƑ
Five Lights
The light of
IN EGRITY
that gives us the courage
to always do the right thing
ŏĊ Ɨljŏŀ-ƗljƗlj
The Arthashastra Philosophy
The fundamental
principle of economic
activity is that no man
you transact with will
lose, then you shall not.
- An excerpt from the Arthashastra
The Murugappa
Group approaches
every transaction,
strategy, and business
decision from the
perspective of this
win-win philosophy
Legacy
The story of the Murugappa Group
in India is a legacy of entrepreneurship
that started in 1934 and lives to this day.
2019-20
SNAPSHOT
Growth
of ̒.̒% in turnover
EBITDA
INR ̔,̖̒̓ Crore For 120 years, the Murugappa
Group has established systems
and followed sound business
practices to enhance value
̑.̗% PAT growth to all stakeholders. An
ŅƴåųĬ±ŸƋĀűĹÏĜ±Ĭ approach, that has helped
year build this highly respected
conglomerate, with
market-leading companies,
Delivering Value.
Market
Capitalisation*
popular brands, high quality
products & services and
A Way of Life.
INR ̓̕,̗̒̕ Crore consistent returns year-on-year.
Thereby, creating an
̘ companies eco-system that touches and
listed on the
transforms countless lives.
BSE & NSE
Other
AGRICULTURE
̘̑̑.̏̕
̗̒̕.̘̏
lj%
̒̒̏.̖̘
̗̖̑.̘̔
̗̒̐.̏̔
Businesses
Financial
Services Agriculture
Ƒălj
Fertilisers Crop Protection Bio Specialty Organic Agri-Retail ̘̑̏̐-̑̏
Chemicals Products Nutrients Manure Ƒljlj
Ɨălj
Engineering Ɨljlj
Ɨlj%
Sugar Ethanol Co-generated Nutraceuticals Sugar ŏălj
Power Refinery
Other
Businesses ŏ% ŏljlj
ENGINEERING Financial
Agriculture
Services ălj
Ƒŏ% 45%
̘̑̏̐-̑̏
̗̑̏̐-̘̐
̑̏̐̔-̐̕
̑̏̐̕-̖̐
̖̑̏̐-̗̐
̗̑̏̐-̘̐
Abrasives Electro Industrial Refractories Power Precision Tubes Bicycles
Minerals Ceramics Generation & Steel Strips
Engineering
ƗƑ%
{ųŅĀƋÆåüŅųåƋ±ƻŠin Billion INR) over the last ă years
Other
Automotive Auto Railway Door Frame Industrial Businesses ŏ%
& Industrial Components Segments & Fine Blanking Gears Financial
̑̕.̑̕
̓̏.̐̕
̓̑.̒̓
̒̏.̐̒
̒̔.̐̑
Agriculture
Chains Services
Ɨŀ% ĊƁ%
Ċlj
FINANCIAL SERVICES
̖̑̏̐-̗̐ Ƒă
Ƒlj
Engineering Ɨă
Vehicle Home Equity Home Loans SME Loans Wealth General Risk ƗƑ%
Ɨlj
Finance Management Insurance Management
Other ŏă
Businesses lj%
OTHER BUSINESSES Financial
Services Agriculture ŏlj
ƗƁ% Ċŀ%
ă
̑̏̐̕-̖̐
̘̑̏̐-̑̏
̗̑̏̐-̘̐
̑̏̐̔-̐̕
̑̏̐̕-̖̐
̖̑̏̐-̗̐
Tea Rubber Home Nets Travel Construction Water
Furnishing & Packaging Services Treatment
Products
Engineering
ƗĊ%
Fertilisers
FINANCIALS
INR
Organic
Manure 170.58
Billion
Nurturing Growth.
Yielding Success.
Revenue
Agri-
Retail
45%
Contribution
to Group Revenue
INR
Sugar
20.80
Billion
EBITDA
Ethanol
39%
Contribution
to Group EBITDA
Co-generated
Power
COMPANIES
Nutraceuticals
Sugar
Refinery
ƗĊ Ɨljŏŀ-ƗljƗlj
Agriculture
Coromandel
International Limited
Coromandel International Limited is a pioneer and front Fertilisers Crop Protection Specialty Nutrients Agri-Retail
runner amongst India's agri-solutions providers. It serves Chemicals and Organic Fertilisers
over 20 million farmers currently. A consistent, mutually Di-Ammonium, Farm Inputs,
beneficial partnership with them has led to a 60% share Phosphate (DAP), Herbicides, Fungicides, Sulphur Products, Farm Advisory Services,
in the 'rice bowl' regions of Andhra Pradesh and Complex Fertilisers, Single Insecticides, Plant Water Soluble Fertilisers (WSFs), Farm Mechanisation
Telangana. Super Phosphate (SSP)/ Bio-stimulants, Micro-nutrients Services
Coromandel operates 16 manufacturing units across Muriate of Potash (MOP), Bio-pesticides and Organic Manure
the country. The Company is the second largest Fortified Fertilisers
manufacturer and marketer of phosphatic fertilisers
in India and a leading marketer of organic fertilisers.
It also offers a wide range of technical and formulation
products for crop protection and its Speciality Nutrients
business focusses on the water-soluble fertiliser, secondary ASSOCIATED COMPANIES
and micronutrient segments. The bio pesticide solutions
is a recent addition to its portfolio. Subsidiaries
CFL Mauritius Ltd. Liberty Pesticides and Fertilisers Limited
The largest rural retail chain in India offering farm
Coromandel Agronegocios de Mexico, S.A de C.V Parry Chemicals Limited
inputs and services – ‘Mana Gromor’, ‘Namma
Gromor’ & ‘Aapla Gromor’ is a Coromandel initiative. Coromandel Brasil Ltda Parry America Inc.
750 rural retail outlets are spread across Andhra Pradesh, Coromandel International (Nigeria) Limited Sabero Argentina S.A
Telangana, Karnataka and Maharashtra offering Coromandel Mali SASU (CMS) Sabero Australia Pty. Ltd.
farming services. It also has a strong R&D and Dare Investments Limited Sabero Europe B.V
Regulatory setup, supporting businesses in process Sabero Organics America S.A
development and new product introductions. UNDP
has recognised its efforts towards the environment Joint Ventures Associate
and TERI has voted it as one of the ten greenest Coromandel SQM (India) P Ltd. Sabero Organics Philippines Asia Inc.
companies in India.
Yanmar Coromandel Agrisolutions P Ltd.
» Largest agri-rural retail chain in India » Classified Platinum by CII Exim Business Excellence
INR INR
» World’s largest Neem based bio pesticide manufacturer » Corporate award from Dun & Bradstreet
130.91
Billion
17.71
Billion
» 2nd largest phosphatic fertilisers manufacturer
and marketer in India and largest in the
» ‘Growth Achiever Award’ for Coromandel Innovation
Center at IKP in IKMC 2019 (Innovation Knowledge
Revenue EBITDA private sector Millennium Conference 2019)
» 5th largest Indian crop protection » CII EHS Excellence Award from Southern Region
solutions provider for Vizag and Ennore units
INR » Market leader in the specialty nutrients » 5S award for Kakinada plant
160.01
Billion
and organic fertiliser segments
» Largest single super phosphate player in India
» Awarded Best Corporate in Health for CSR by CSR times
» Received Overall excellence for CSR by Zee
Market » Set up IIT Monash Academy, along with
Capitalisation IIT Mumbai & Monash University, Australia
INR INR
39.67
Billion
3.09
Billion
HIGHLIGHTS RECENT AWARDS
Revenue EBITDA » Largest sugar manufacturer in South India » Awarded ‘Industry Leadership in Agriculture’ in the 9th
» Only sugar brand to be conferred the Agriculture Leadership Conclave 2019
‘Super Brand’ status in India » The Ramdurg unit received National Safety Award (Winner)
INR » 1st sugar company to implement zero liquid 2019 for the Performance Year 2017 in New Delhi
24.61
Billion
discharge system in its plants
» Nellikuppam plant is the only sugar unit to have
» The Nellikuppam unit received Platinum Award from
SISSTA for the Best Distillery 2018-19
an array of quality certifications including IP, » The Nellikuppam unit received Excellent Energy Efficient
Market
BP, USP, EP, ISO 9001:2015, ISO 14001:2015, Unit in 20th National Energy Management 2019, CII Hyderabad
Capitalisation
FSSC 22000, Bonsucro and SMETA 6.0
» Haliyal sugar unit has the FSSC 22000,
ISO 9001:2015, Bonsucro and SMETA
6.0 quality certifications
» The company’s R&D centre is recognised by the
Department of Scientific & Industrial Research
(DSIR), Department of Science & Technology,
Government of India
» Successfully commissioned backend refinery
at Haliyal, Karnataka, in 2019
77.04
Billion
Bicycles
Revenue
20%
Contribution
Automotive
& Industrial Chains
to Group Revenue
INR
11.13
Billion
Auto
Components
EBITDA
21%
Contribution Railway Segments
to Group EBITDA
Industrial Gears
Ƒlj Ɨljŏŀ-ƗljƗlj
Engineering
Carborundum
Universal Limited Abrasives Division Electro-Minerals Division Industrial Ceramics Super Refractories
42.05
Billion
» World’s second-largest manufacturer
of metallised cylinders (used in vacuum
» The Electrominerals Business, Kochi won the prestigious
Excellence Award in Silver category at the Society of Engineers
circuit breakers) and Managers (SEEM) National Energy Management Award 2019
Market
» 7 R&D centres approved by the Department » The Abrasives Business was the recipient of a Gold Certificate at the
Capitalisation
for Scientific & Industrial Research (DSIR) Indian Machine Tools Manufacturers Association (IMTMA)
Productivity Competition
and over 200 IPs
» Super Refractories Business at Serkadu, Tamil Nadu received the
‘TPM Significant Achievement Award’ in recognition of its
achievement towards Manufacturing Excellence
» The Russian subsidiary of the Company, Volzhsky Abrasive Works
was recognized as the ‘Best Organization in the Volgograd Region’
by the Governor of Volgograd
Tube Investments
of India Limited
Tube Investments of India Limited (TII) is one
of the country’s leading engineering companies,
Tube Products TI Cycles Metal Formed Industrial Industrial
with a portfolio that spans metals to mobility
of India (TPI) of India (TICI) Products Division Chains Gears
solutions. It is a leading manufacturer in cycles and
is a preferred supplier of tubes, metal formed products CDW and ERW Tubes, Cycles, Cycle Components, Drive and Cam Chains Chains for Industrial Worm Gearboxes,
and chains to a wide range of industries. Tubular Components, Fitness Equipment and Aftermarket Kits for Applications, Helicals,
Large Diameter Tubes and Accessories Two-wheelers, Fine Blanked Engineering Class Gears & Pinions and
TII supplies safety-critical precision parts to major for Hydraulic Cylinders and Precision Components, Chains Gear Servicing
OEMs. TII also has strong presence in the power Off-road Applications and Auto Components,
sector, off-road applications, textile machinery and Special Grade Cold-rolled Stainless Steel Coach,
Steel Strips (CRSS) Agri Implements,
general engineering segments. The company Sub-assemblies for Railway
is a leader in automotive and industrial chains with Passenger Coaches
its ‘Diamond’ brand, the most sought after in the
domestic market. The ability to consistently deliver
high-precision and global quality standards has
ASSOCIATED COMPANIES
resulted in rising exports for the tubes division,
year on year. Subsidiaries Joint Ventures
Creative Cycles Private Limited TI Tsubamex P Limited (a JV with Tsubamex
TII is a pioneer in cycle retailing in India, with Great Cycles Private Limited Company Limited, Japan, engaged in the design
prestigious brands like BSA, Hercules, Ladybird, SEDIS (the number one French manufacturer and engineering of sheet metal dies and fixtures)
Roadeo, Montra and Mach City in its stable. It has a of Industrial Chains)
network of over 1100 retail stores across the country. Shanthi Gears Limited
TII operates in the industrial gears segment in India
through its subsidiary Shanthi Gears Limited. Shanthi
Gears is a category leader, manufacturing a wide range
HIGHLIGHTS RECENT AWARDS
of power transmission components including gears, » Largest manufacturer of precision tubes in India » Strategic Global Supplier Award by Showa for 4th
gear boxes, geared motors and gear assemblies. » 2nd largest bicycle producer in India with 4 Million consecutive year
cycles per year; market leader in the ‘specials’ segment » ‘Star Performer Award’ from EEPC for the 5th consecutive year
» 2nd largest producer of transmission chains in India » Award from Toyota Kirloskar Auto Parts Pvt. Ltd. for
FINANCIALS 2019-20
» Every second two wheeler in India uses TPI’s Quality, Delivery and VA
safety-critical front fork » Award from ‘Toyotetsu India Pvt. Ltd.’ (TTIA) formerly
» Developed Telescopic Front Fork Tubes in Electric known as STTI for consistent Quality and Delivery
INR INR Vehicle and Scooter models » CII Poka yoke competition - 2nd prize for elimination of
45.20
Billion
6.41
Billion
» Exclusive supplier of door frames to marquee brands
» Frontrunner in developing a complete and premium
Decoiler Mandrel Bolt Broken Through Poka-Yoke from
4.3 hrs to zero hrs
Revenue EBITDA buying experience for cycles in India through » Excellence Awards at the QCFI-NCQC National level
its concept ‘Track & Trail’ stores and online sales competition for Quality Circle at Varanasi
» Value Engineering through indigenisation of Raw Material
» Launched brand PRECI+ for new and differentiated,
INR adjacency products
51.46
Billion
» Completed supplier audits of Global Energy OEM -
pipeline conversion
Market » Enlarged market share of Diamond brand of Rotavator Chains
Capitalisation » Implementation of TPS (Toyota Production System)
manufacturing model and TQM (Total Quality
Management) initiatives
131.58
Billion
Revenue
SME
Loans 35%
Contribution
to Group Revenue
INR
Wealth
19.84
Billion
Management EBITDA
37%
Contribution
to Group EBITDA
General
Insurance
COMPANIES
Risk
Management
ƑƆ Ɨljŏŀ-ƗljƗlj
Financial Services
Cholamandalam
Investment and Finance Commercial
Vehicle Loans
Passenger
Vehicle Loans
Two Wheeler
Loans
Tractor Loans Construction
Equipment Loans
Company Limited
Cholamandalam Investment and Finance Company
Limited (CIFCL) is a leading asset finance company
MORTGAGE LOANS BUSINESS LOANS
providing comprehensive financial services and products
in the fields of asset-backed financing and wealth
management. Today, it is one of the country’s fastest
growing companies in the sector, with a stellar reputation
for consistent performance.
Home Equity Home Loans SME Loans Chola Wealth
Chola offers vehicle finance, home equity loans, home
loans, SME loans, investment advisory and stock broking
services to over 10 Lakh customers. The commercial
vehicles business, one of its oldest and largest business
divisions, offers loans for an entire spectrum of vehicles: ASSOCIATED COMPANIES
two and three-wheelers, cars, construction and farm
equipment. Chola has preferred financier tie-ups with all Subsidiaries
automobile brands in the country. Cholamandalam Distribution Services Limited (CDSL)
Cholamandalam Home Finance Limited (CHFL)
Chola's vision is to enable customers enter a better life Cholamandalam Securities Limited (CSEC)
by achieving its goals of financial inclusion. Chola has
a strong geographical presence with 1098 branches across
29 states/Union Territories. This dominant market
position in it’s target customer segments helps Chola
support the automobile manufacturers and their channel
partners with customised financing solutions. HIGHLIGHTS RECENT AWARDS
FINANCIALS 2019-20 » Serving over 14 Lakh customers » Placed first in entries submitted in the operations category
» The company is included in the FTSE4Good Index (i) Kaizen theme submission (ii) Physical file traceability
Series, created by the Global Index and data and ACH registration through mobile application at
3rd CII National Kaizen Circle Competition in June 2020
provider FTSE Russell. The FTSE4Good Index
INR INR » Won the Best Social Media Awareness Campaign on Road
Series is designed to measure the performance of
87.13
Billion
16.99
Billion
companies demonstrating strong Environmental,
Social and Governance (ESG) practices
Safety for #jaldikyahai by ET NOW at the World CSR Day
Congress & Awards in February 2020
» Awarded the SICCI Rotary CSR award from the Southern
Revenue EBITDA » Maiden issue of Masala Bonds with CDC & ECB India Chamber Of Commerce & Industry (SICCI) &
with IFC Rotary International District 3232 for its contribution in
» Infused capital of `900 Cr (QIP) and `300 Cr Creating Sustainable Environment in February 2020
INR (Preferential allotment) » Awarded first place in Employee Engagement and
125.27
Runners-Up in Learning & Development at the 3rd CII
National HR Circle Competition 2019
Billion » Won the CII award in Operations category for simplification
Market of schedule printing process in the area of document
Capitalisation management
» Chola Wealth won the NSDL Star Performer Award for
three consecutive years (2017, 2018 & 2019)
Cholamandalam MS
General Insurance Commercial Car Health Travel Personal Accident Home
Company Limited Vehicle
43.98
Billion
2.78
Billion
Automation (RPA) for claims & finance, CHATBOT for
customer & employee support and cloud infrastructure for
quicker launch of products with APIs
Revenue EBITDA » Engagement with BCG for the planned growth in retail health
and digital divisions, and for augmenting renewals
INR INR
466.49
Million
64.20
Million
Revenue EBITDA
Tea
The Murugappa Group has
found valuable niches in
diverse segments like tea,
Rubber
rubber, construction,
polymer fabrics, textiles
and travel solutions.
In each segment,
Murugappa brands
Home command considerable
Furnishing market share and enjoy
strong loyalty among
discerning customers.
Nets
& Packaging
Products
Travel
Services
Construction
Water
Treatment
A Network of Strength.
From Diverse Interests.
ĊĊ Ɨljŏŀ-ƗljƗlj
Other Businesses
Coromandel Engineering
Company Limited Ambadi Enterprises Limited
Coromandel Engineering Company Limited Ambadi Enterprises Limited has an extensive
(CECL) is a civil construction and real estate line of Home Furnishing products, that include
development company that develops industrial Rugs, Wall to Wall carpets, Furnishing Fabrics,
structures for leading businesses and Decorative Cushions, Throws and Bed & Table
government organisations. This ISO 9001:2015 Linen.
& BS OHSAS 18001:2007 certified company
Ambadi is one of the largest exporters of Rugs
has developed some of the most iconic
and Floor coverings including major parts
buildings in southern India such as the LIC’s
of Europe, US, UK, Australia and China.
southern headquarters and the Trident hotel.
The company specialises in exquisite Pitloom
It has developed several other landmarks in
Woven, Knotted, Hand Tufted and Handloom
Chennai, Pondicherry, Bangalore, Hyderabad
Rugs manufactured in state-of-the-art
and Vizag.
manufacturing facilities in Panipat and
The Company’s clients include leading industrial Bhadohi. The extensive in-house production
houses, government organisations, power plants, of Broadloom carpets reserves its position
malls, five-star hotels, sugar factories, fertiliser as major suppliers to the world's largest
plants and automobile facilities. Some of the broadloom players in the US and Europe.
prominent names are Hotel Holiday Inn, The vital restoration of the Home Textile division
Standard Chartered Bank, Ford India, Hindustan has paved its way to gain a larger share in the
Motors, Daimler, Mahindra, Thermax, BHEL, Home Furnishings Industry. The Textile division
ThyssenKrupp, TNPL, Saint Gobain, Siemens, caters a wide range of home furnishing products
Eveready, UB Group, LMW, Kerneos, Ramco including cushions, throws, bedding, kitchen
Cements, Hatsun Agro Products, Komatsu, linen, table linen to suit all kinds of customer
Kajima and Seco Komos. needs. The efficient manufacturing facilities for
Home textiles are established in Kannur
(Kerala), Mysore and Noida.
Ambadi is an export-oriented company and its
subsidiary, Parry Murray UK, has been among
the leading suppliers of fabrics & carpets to the
US & UK since 1981. The company has a firm
foothold in the worldwide market for bespoke
textiles and home furnishings. It supplies to
global labels like Ralph Lauren, Designer Guild,
GP & J Baker, Colefax & Fowler and Zac+Fox.
Building Teams.
Shaping Leaders.
Murugappa Group ăƑ
People
The Group has robust talent development systems to identify Fitness, Health and Happiness
and develop leadership from within. It has tied up with leading A Group-wide initiative which began in 2014
academic institutions for executive training. In-house leadership with 722 participants, this popular contest cum
programmes like the Business Leadership Programme (BLP), fitness programme has completed 6 years, and
Murugappa Leadership Programme (MLP) and Young Leaders has benefitted over 18,000 employees.
Programme (YLP) are also well established. Graduates of these
programmes have gone on to become business leaders and Online mentoring
functional heads across various SBUs of the Group. Employees can seek support at any time, through
the mentoring platform. The aim is to help
The Group partnered with SafeStart, a Canadian safety training tackle challenges in any aspect of professional
firm, to conduct a behavior-based safety initiative, which was life, like career development, skill development,
attended by over 90 senior executives. The attendees also problem solving, work life balance etc. A pilot
participated in Leadership Orientation sessions with SafeStart project currently, it is expected to be
CEO, Larry Wilson, Gary Higbee & Mark McLellen. Senior
implemented more widely in the near future.
Group leaders were also part of a ‘Train the Trainer’ programme,
which is set to deploy in various Murugappa Group companies.
Given its diverse presence and size, the Group also offers AWARDS
employees a range of opportunities across functions and Murugappa Star Performer Award: A prestigious
industry verticals. annual recognition of top SBUs for stellar growth
based on financial parameters and qualitative
business enablers.
Pride of Murugappa: A coveted annual internal
Award, Pride of Murugappa rewards project
teams across the Group for implementing best
practices that foster sharing and collaboration.
Conducted between August and December
in 2019, the award received 2702 entries,
which were judged by a high-calibre external
jury panel. 29 winning projects were shortlisted.
Shine Award: A unique award that recognises
KEY HR INITIATIVES Role Models of the Group’s Values – The Five
The Murugappa Group has a wholesome range of recognition Lights.
platforms and forums that cover all aspects of the workplace. Murugappa Safety Excellence Model: The
Employee Wellness Group has developed and piloted a custom-
The Group runs several initiatives to promote overall employee designed Murugappa Safety Excellence Model
wellness, including financial and mental well-being. (M-SEM) that will be progressively rolled out
to the 80+ manufacturing facilities across the
Employee Assistance Programme (EAP) country. The M-SEM will enable plant teams
The EAP is available to all employees and their families. to raise the bar in operational safety, on a
It facilitates mental wellness by providing easy access continuous basis.
to confidential counselling services.
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Community Initiatives
Healthcare institutions:
1. AMM Arunachalam Hospital
2. AMM Hospital
3. Sir Ivan Stedeford Hospital
4. Valliammai Achi Hospital
Educational institutions:
1. AMM Matriculation Higher Secondary School
2. Sri Ramaswamy Mudaliar Higher Secondary School
3. Vellayan Chettiar Higher Secondary School
4. TI Matriculation Higher Secondary School
5. Murugappa Polytechnic College
KEY INITIATIVES
Healthcare
» The AMM Foundation reached out
to over 97,000 patients through its
Mobile Health Van service in
Haliyal (North Karnataka), Education
Sarigam (Gujarat) and Deckiajuli
(Assam) » The AMM Foundation
awards full fee scholarships
» TII’s Medical Outreach to students from
programme has grown in scope economically challenged
and together with its Mobile backgrounds. Currently 218
Medical Unit, reaches over 24,000 students are pursuing their
people in areas around factory professional dreams under
locations this scheme
» Chola launched Raahi, an initiative » Coromandel created its
to provide quality and accessible flagship ‘Coromandel Girl
primary eye care services to Child Education Scheme’
occupational drivers across the (CGCES) to address the
country. This initiative covered over specific challenges faced by
40,700 truckers and involved the girl students. The scheme
distribution of 16,000 spectacles supports girls through their
higher classes, by easing the Hygiene & Sanitation
» Chola MS supported the financial strain on parents » Chola's Swachha Telangana - Phase II - project provides safe drinking
construction of the new Neonatal and boosting the self-esteem water to 15 villages in the fluoride-affected zones of Telangana through
Step-Down Wards 1 & 2 in the of students through Any Time Water plants (ATWs)
existing premises of the recognition. Over the past
Government General Hospital – few years, 8800 girls have » Chola’s Swachh Odisha initiative focussed on improving health
Kakinada, Andhra Pradesh, to cater benefitted from the and sanitation by introducing SAFE WASH practices. As part of
to the medical care of infants (0-28 scholarships. An additional the scheme, 55 toilets were constructed in 317 villages. Around
days) benefitting over 4,000 infants 1245 girl students have been 800 beneficiaries of this initiative were provided with uninterrupted
per year provided assistance under water supply for toilets, through solar energy and were also made
the scheme in 2019-20 aware of safe toilet practices
Skill Development
» Two Group Companies, TII and CUMI
have setup training centres around their
plants to provide skill development for
underprivileged students. Over 400 under
privileged students have benefitted till date
Community Development
» E.I.D. Parry has partnered with the local
government to prevent flood damage,
by contributing towards desilting efforts in
communities around its factory. Over 300 villages
have been positively impacted by this initiative