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Profile
Carborundum
Universal Ltd (CUMI) pioneered the manufacture of coated and bonded
abrasives in India, besides super refractories, electrominerals, industrial
ceramics and ceramic fibres. After half a century and more of undisputed
market leadership in each of its businesses, CUMI is getting ready
for its role as a global corporation. The company is planning a major
expansion of its territorial base, with dynamic acquisitions, joint
ventures, and strategic partnerships.
CUMI, a flagship company of the USD 3.14 billion
(Rs15,907 crore) Murugappa Group, has total revenues of Rs 456 crore. The
company was founded in 1954 as a tripartite collaboration between
the Murugappa Group, Carborundum Inc, USA, and the Universal Grinding
Wheel Co Ltd, UK.
In sync with the global vision, CUMI is expanding
its product spread. The company makes over 20,000 different varieties
of abrasives, refractory products and electrominerals, manufactured
at 14 locations. CUMI has the distinction of having all its manufacturing
units ISO 9001: 2000 certified.
State-of-the-art facilities and strategic alliances
with global partners have earned CUMI a reputation for quality and
innovation. It is one of the few manufacturers of abrasives and
ceramics in the world with fully integrated operations that include
mining, fusioning, power generation and manufacturing, besides marketing
and distribution.
CUMI's in-house R&D and collaborative research with foreign
institutions have ensured market leadership in India and abroad.
To increase productivity, it has introduced the concept of 'lean
manufacturing' and implemented Six Sigma work practices.
CUMI's global expansion has enlarged its customer base. CUMI today
has a presence in 43 countries and also has 200,000 retail outlets.
Areas of
Business
Carborundum Universal Ltd. (CUMI) is an industrial
ceramic material-based products and service provider, with operations
spread across three business segments.
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Abrasives (bonded abrasives, coated abrasives
and allied products) constitute the company's largest business
segment, contributing 72 per cent of revenue in 2005-06. |
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Ceramics (industrial ceramics, super refractories
and bio ceramics) contributed 18 per cent of revenue in 2005-06. |
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Electrominerals (brown fused alumina grains,
white fused alumina grains and silicon carbide grains) supplies
a significant portion (nearly 44 per cent during 2005-06) of
its production to the abrasives and ceramics business segments.
External sales contributed 10 per cent of total revenues in
2005-06. |
Major user industries for abrasives are automobiles,
woodworking, machinery, floor restoration, construction and bearings.
Ceramic user industries are mainly cement, steel, fabrication, petroleum,
etc.
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