|
The financial services arm of the Murugappa Group
is spearheaded by the Cholamandalam Investment & Finance Company,
a leading industry player providing holistic financial services
including vehicle finance, capital market finance, mutual funds,
securities broking, depository and distribution services, while
Cholamandalam MS Insurance provides insurance services.
The Murugappa Group's IT services arm is comprised
of three companies - Laserwords, Net Access, and Wendtsoft. Laserwords,
founded in 1983, is one of the oldest and most successful independent
typesetting companies in India. Net Access provides quality IT infrastructure
services and customised software solutions to enterprises seeking
to outsource their IT requirements. Wendtsoft, part of Wendt India,
has introduced two excise management software packages and markets
two exclusive software packages.
Additionally, GMD, a business division of Parry
Enterprises India Limited, forms the marketing services arm of the
Murugappa Group, marketing a range of food products and ingredients.
It has tie-ups with various Indian and multinational companies for
marketing their products, which find extensive application in end-use
segments such as biscuits, dairy, bakery, processed foods and confectionery.
|