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One Hundred Years Of Fortitude

1900 – 1915

A. M. Murugappa lays the foundation of the Group by establishing a money-lending and banking business, with Ramanathan Chettiar in Burma, under the name A. M. M. Rm. Firm.

1915 – 1934

The company diversifies into textiles, rubber plantation, insurance and stock broking. Expands businesses to Malaya, Vietnam and Ceylon.

1934 – 1949

Just before the Japanese invasion of Burma in World War II, the company strategically moves its assets back to India. Invests in steel furniture and emery paper.

1950 – 1980

New companies TI of India and CUMI are established. Company enters the Financial Services sector with Cholamandalam Investment & Finance Co.

1981 – 1990

New acquisitions take place demonstrating the company’s capability to turn around businesses. Existing companies and new acquisitions are consolidated and the Muruguppa Group is formed.

1991 – 2000

The Group is restructured where core businesses are streamlined and portfolios, realigned. It takes on an aggressive growth path while driving into the domestic market.

2001 Onwards

The Group continues to increase its global presence through joint-ventures with leading international firms. Its domestic capacity is on the rise through new product launches, newer acquisitions and Green-field projects.

The future holds the promise of significant opportunities, challenges, achievements and growth. And the Murugappa Group is poised to embrace it all with the zeal and positive energy that has come to be synonymous with the Group!

 

 

 
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