Coromandel International conferred the
Industrial Economist Business Excellence Award 2012

 

Chennai, March 8, 2012 : Coromandel International Limited, India’s leading manufacturer of a wide range of fertilizers, Crop protection products and Specialty Nutrient products, was conferred the prestigious Industrial Economist Business Excellence Award for the year 2012. This award was given away by former Governor of Tamil Nadu Mr. PS Ramamohan Rao and Editor and Publisher of Industrial Economist Mr. S Viswanathan, to Mr. Kapil Mehan, Managing Director of Coromandel International at a function in Chennai today. Other recipients of this award this year include City Union Bank, Opto Circuits (India) Ltd and Shriram Transport Finance Company Ltd. Started in the year 1993, the award recognizes the companies which have achieved maximum shareholders value addition in the past five years.

Vice Chairman Tata Steel and President CII Mr. B Muthuraman, Chairman Murugappa Group Mr. A Vellayan, MD Saint Gobain Glass India Ltd Mr. B Santhanam, and other luminaries attended the ceremony, which was presided over by G Srinivasan, Chairman and Managing Director of United India Insurance Co Ltd.

About Coromandel International

Coromandel International Limited, India’s second largest Phosphatic fertilizer player, is in the business segments of Fertilizers, Specialty Nutrients, Crop Protection and Retail. The Company manufactures a wide range of fertilizers and markets around 2.9 million tons making it a leader in its addressable markets.

In its endeavor to be a complete plant nutrition solutions Company, Coromandel has also introduced a range of Specialty Nutrient products including Organic Fertilizers. The Crop Protection business produces insecticides, fungicides and herbicides and markets these products in India and across the globe. Coromandel is the second largest manufacturer of Malathion and only the second manufacturer of Phenthoate. Coromandel has also ventured into the retail business setting up more than 425 rural retail centers in the agriculture and lifestyle segments.

The Company clocked a turnover of Rs. 7,527 Cr during FY 2010-11. lt was ranked among the top 20 best companies to work for by Business Today and was also voted as one of the ten greenest companies in India by TERI, reflecting its commitment to the environment and society. Coromandel is a part of the Rs.17051 Cr Murugappa Group. For more details, please visit www.coromandel.biz

About the Murugappa Group

Founded in 1900, the Rs. 17051 Crores (USD 3.8 billion) Murugappa Group is one of India’s leading business conglomerates. The Group has 28 businesses including eight listed Companies actively traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Tube Investments of India Ltd., and Wendt (India) Ltd.

Market leaders in served segments including Abrasives, Auto Components, Cycles, Sugar, Farm Inputs, Fertilizers, Plantations, Construction, Bio-products and Nutraceuticals, the Group has forged strong joint venture alliances with leading international companies like Groupe Chimique Tunisien, Foskor, Cargill, Mitsui Sumitomo and Morgan Crucible. The Group has a wide geographical presence spanning 13 states in India and 5 continents.

Renowned brands like BSA, Hercules, Ballmaster, Ajax, Parry’s, Gromor and Paramfos are from the Murugappa stable. The organization fosters an environment of professionalism and has a workforce of over 32,000 employees. 

For Media queries, please contact

Sreenivasa Rao Behara
Head – PR, Coromandel International Limited
Tel : 040 – 66997476, 27842034 / 27847212

Mobile : 9963550040
Email: sreenivasaraob@coromandel.murugappa.com