Samnidhy | Company Analysis

Company Analysis of EID Parry

EID Parry is the first Indian private sector company to engage in research and
development. It established India’s first sugar plant at Nellikuppam in 1842 and first
distillery in 1843. The sugar division contributes to over 65% of EID Parry’s turnover, and
around 20% of Tamil Nadu’s sugar production is attributed to EID Parry. Headquartered
in Dare House, Chennai, India, the company is a part of the INR 547 billion Murugappa
Group, one of India’s leading business conglomerates.

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