The Murugappa group is today an industry leader in many fields and enjoys a high degree of credibility in the market place.
The group that started 100 years ago as a small family run business in indigenous financing , has transformed itself today as a professionally managed USD 3.1 billion corporate with diversified interests in abrasives, engineering, farm inputs, plantations, sugar, bio-products, chemicals, nutraceuticals, insurance and financial services.
The Murugappa Group is today an industry leader in many fields and enjoys a high degree of credibility in the market place. The group is also one of the first Indian corporates to begin the process of transformation from being a family owned business to a professionally run organization.
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, Lausanne, Switzerland.
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. Highly people oriented, the group has a workforce of nearly 28,000 satisfied employees. Traditional in values but innovative and modern in its outlook, the group is also known to be very environment conscious and eco-friendly. Nearly half of its turnover is from agro-based products. As part of its globalization, some of the companies in the Murugappa Group have already started moving towards international accounting practices.