A cornerstone of Murugappa Group’s philosophy has been its social commitment...

One of the success mantras for this group according to A Vellayan, Senior Director, Murugappa Group is, “There is a climate which fosters professionalism and overall the Group’s management style is characterized by professional competence with a spirit of entrepreneurship.” This maverick group has been juggling brilliantly between 29 group companies! In fact, the juggernaut has decided in its most recent move this October to foray in the fitness arena. TI cycles, one of the renowned brands from the Murugappa stable is opening up BSA Workouts – an entire range of cardio and strength equipment. Truly, the adage ‘the only thing permanent in life is change’ seems to be what the Murugappa family firmly believes in. The parent company has over time changed and adapted its identity by partnering with internationally acclaimed companies such as China Engineering and Exploration Bureau (CEEB) of China, Borg Warner Morsetec of USA, Cargill International S.A. of Geneva, Foskor Ltd. of South Africa, ROCA of Spain, DBS Bank of Singapore, Chimique Tunisien of Tunisia, Morgan Crucible Company plc. of U.K, and Mitsui Tsumitomo Insurance Company Ltd. of Japan. A cornerstone of Murugappa Group’s philosophy has been its social commitment and the group has been at the vanguard of public health, education and eco-conservation amongst the communities where the companies of the group are operational. With a policy of corporate governance that encourages high level of accountability and transparency to each stakeholder, Murugappa Group relentlessly pursues a journey charting a path taken by lesser mortals.

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Source: IIPM, 4Ps, B&E