Carborundum Universal Ltd
 |
|
| Public | |
| Industry | Engineering |
| Founded | 1954 |
| Headquarters | Chennai, Tamil Nadu, India |
|
Key people
|
M. M. Murugappan |
| Products | Abrasives, electro minerals, industrial ceramics, super refractories |
| Revenue |
 INR 22 billion (2014) (as on 31 March 2014) |
| Parent | Murugappa Group |
| Website | www |
Carborundum Universal Ltd (CUMI) , a part of Murugappa Group, one of the largest and oldest conglomerates in India. CUMI is the leading manufacturer and developer of abrasives, ceramics, refractories, aluminium oxide grains, machine tools, polymers, adhesives and electro minerals in India. CUMI is the only abrasive manufacturer with the diversification.
Global presence of the company is made through the establishment of number of subsidiaries across India, Russia, South Africa, Australia, China, Thailand and Canada.
CUMI was established as a result of diversification from banking business through cycle manufacturing with the intent to manufacture abrasive materials. CUMI's parent company, the Murugappa Group, made a tie up with the Carborundum, UK, a subsidiary of American abrasive manufacturer, Carborundum, USA and the Universal Grinding Co. Ltd., UK in 1950. The result was the Carborundum Universal of Madras. Then it was renamed and incorporated in 1954 as Carborundum Universal Ltd (CUMI).
Initially CUMI was founded to manufacture the core products for the collaborating companies. Later the company established its first bonded abrasive plant at Chennai with the facility acquired from Ajax Products and began its manufacturing in the abrasives platform. With the intention of producing technical ceramics for high temperature insulation products CUMI has made joint venture with Morgan Crucible Plc. UK resulted in the establishment of Murugappa Morgan Thermal Ceramics Ltd in 1982
...
Wikipedia