Murugappa family explained

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 2023, their net worth was estimated at ₹60,786 Crore (US$7.3 billion).[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 Group

Corporate

Group - Chairman(Murugappa Family)

Notes and References

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