Murugappa family

The Murugappa family is an Indian Tamil Nagarathar (Nattukottai Chettiar) business family that owns and manages the Murugappa Group, a conglomerate with interests in bicycles, sugar, abrasives, fertilizers, financial services, and manufacturing.[1] In 2024, their net worth was estimated at ₹85,000 Crore (9.8 Billion USD).[2]

Members include Murugappa Group former chairmen, M.M Murugappan, M.V. Subbiah and A Vellayan

In October 2024, the Murugappa family were ranked 26th on the Forbes list of India’s 100 richest tycoons, with a net worth of $10.1 billion.[3]

The group and family

Murugappa Chettiar Family

  • Murugappa family
  • Founder:
  • Dewan Bahadur A. M. Murugappa Chettiar
  • Second Generation:

Murugappa Group

Corporate

  • Holding Company
  • Ambadi Investments Limited
  • Corporate Body

Group - Chairman(Murugappa Family)

  • Murugappa family
  • Founder:
  • Dewan Bahadur A. M. Murugappa Chettiar
  • Past Chairman:

References

  1. ^ "#55 Murugappa Family". Forbes.com. Retrieved 2016-12-01.
  2. ^ "Forbes India's Richest 2023". Forbes.
  3. ^ "India's 100 Richest". India’s 100 Richest. October 9, 2024.
  4. ^ Ramanathan, P. R. Sanjai,Arundhati (2014-08-19). "Murugappa Group: From Burma to Parry's Corner". mint. Retrieved 2021-10-22.{{cite web}}: CS1 maint: multiple names: authors list (link)
  5. ^ Balasubramanian, V. "Murugappa group to select new Chairman". The Economic Times. Retrieved 2021-10-22.
  6. ^ Reporter, B. S. (2015-05-23). "Vellayan resigns as Murugappa chairman". Business Standard India. Retrieved 2021-10-22.
  7. ^ Narasimhan, T. E. (2020-11-11). "M M Murugappan steps down as chairman of 3 Murugappa group firms". Business Standard India. Retrieved 2021-10-22.