I’m talking about the Murugappa Group, 124 years old, 4 generations strong, and probably the most low-key ₹77,000 crore empire India has ever seen.
In 1900, a 14-year-old named A.M. Murugappa left Tamil Nadu and moved to Burma to start a small money-lending firm.
By the 1920s, they’d expanded to Sri Lanka, Vietnam, and Malaysia, then Japan bombed Burma during WW2, and they lost it all, came back to India, and started again.
Today, they have 29 businesses, with 73,000+ employees and 10 companies listed in Stock Exchange
Here are the 10 Murugappa Group companies listed on NSE India/BSEIndia:
✅Tube Investments of India
✅Carborundum Universal
✅Cholamandalam Investment and Finance Company
✅Cholamandalam Financial Holdings
✅Coromandel International
✅E.I.D. Parry (India) Ltd.
✅Shanthi Gears
✅CG Power and Industrial Solutions
✅Wendt (India) Ltd.
Together, they touch everything from fertilizers to finance, electric motors to bicycles, even sugar and ceramics.
While we were raising funds to build D2C legacies, they were out there acquiring companies older than our country’s independence.
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