Agro is in the business of tea and coffee plantations and is one of
the leading producers of tea in the country. Its 10,000 employees
produce 17 million kgs of tea in seven tea estates spread over 13,500
acres. Around 95 per cent of the company's business is tea, but it
also produces 400 tonnes of coffee. Tea sales were at Rs 79 crore
in 2006-2007, while coffee sales were at Rs3 crore.
The history of the company traces back to colonial
times. The Murugappa Group took over the management of the company
in 1981 and, after two divestments - in 1987 and 1992 - by the Cooperative
Wholesale Society Ltd (CWS) of the UK, the entire holding was relinquished
to the Murugappa Group and the company was re-christened Parry Agro
Industries Ltd in December 1992.
The company has six tea estates in Tamil Nadu and
one in Assam. The coffee estate is in Karnataka. Its automated flagship
factory, Mayura, was commissioned in 1985 and was the first tea
factory based on microprocessor control and monitoring systems.
Parry Agro has a modern R&D facility accredited
by NABL for its chemical and microbiological facilities, unique
for a plantation company. The company has pioneered research on
reversal of soil degradation. The Fertilisation Bio Organique (FBO)
technology developed in association with Sambhalpur University has
been patented. FBO technology has vast potential in the rejuvenation
of degraded forests and other croplands, where soil has poor physical
and chemical characteristics.
Areas of Business
Apart from tea and coffee, the company has interests
in other plantation crops. It grows vanilla, as well as grows and
The Mayura, Attikunna and Carolyn factories of
Parry Agro are ISO 9001:2000 certified. The Iyerpadi estate has
obtained an organic tea certification from IMO Switzerland and is
certified for markets in the USA, EU and Japan. The Iyerpadi estate
is also fair trade certified by FLO and is further certified ISO
22000:2005 by DNV for food safety standards. The Iyerpadi and Paralai
factories are certified organic tea manufacturing factories for
both orthodox and CTC.
Coffee from the Yelnoorkhan group of estates
has won the 'Best Quality Coffee Award' in the 'Flavour of India-Fine
Cup Award Cupping Competition 2004' conducted in Trieste, Italy,
and in Seattle, USA, in 2005.
Head - Finance
Tel: 91 44 25306804