Our International Associates

Coromandel Fertilisers Limited and Gujarat State Fertiliser Corporation (now Coromandel International ) signed a joint venture agreement with Groupe Chimique Tunisien of Tunisia for the manufacture of phosphoric acid, a critical raw material in the manufacture of phosphatic fertilisers and DAP.

In February 2005, Coromandel International (then Coromandel Fertilisers) acquired a 2.5 per cent stake for Rs.27 crore in Foskor Limited, a South African fertiliser company. The Indian company will also advise Foskor on operational issues to enable it to improve its financial performance.

Murugappa Morgan Thermal Ceramics Ltd is a joint venture between Carborundum Universal (CUMI) and Morgan Crucible Co plc of the UK. It produces ceramic fibres.

Cholamandalam MS General Insurance Co Ltd is a joint venture with Japanese insurance giant Mitsui Sumitomo.

The Group has a joint venture with Borg Warner Morse Tec of the US, a global leader in the design and manufacture of automotive chain systems and components for engine timing, to manufacture silent chains and associated systems.