- EID Parry
Infobox Company
company_name = EID Parry (India) Limited
company_
company_type = Public (NSE, BSE)
foundation = 1788
location =Chennai
key_people =S. M. Datta (Chairman)
industry =ceramic Plumbing fixture s,Sugar &Chemicals
products =
revenue =Rs . 978.46crore (2005)
operating_income =Rs . 177.66crores (2005)
net_income =Rs . 141.12crores (2005)
num_employees = ???
parent =Murugappa Group
subsid =
homepage = [http://www.eidparry.com/ www.eidparry.com]
footnotEID Parry (India) Limited is a
public company , headquartered inChennai ,South India , with a continuous history of business activities of more than 200 years, and with many firsts to its credit which include manufacturing offertilizer s (1906) first time in theIndian subcontinent .The company is currently engaged in the manufacture and marketing of ceramic sanitaryware and bio-products. [ [http://www.eidparry.com/aboutus.asp About EID Parry] ]Origin
EID Parry is one of the oldest business entities of the
Indian subcontinent , and owes its origin to Thomas Parry, aWelshman who came toIndia in late 1780s. On17 July 1788 he started a business of banking and piece goods. By 1819, a partnership firm named Parry and Dare was founded with Thomas Parry andJohn William Dare as partners.Parrys Corner , one of the most prominentcentral business district s ofChennai derives its name from Thomas Parry.Over a period of time the business established by Thomas Parry continued to grow and its flagship company EID Parry emerged. In its existence of more than 200 years, this business house, currently controlled by the
Murugappa Group , has remained active, and cover a large range of business activities.Businesses
ugar
Parry set up the first
Sugar Factory in 1842 at Bandipalayam and currently has one of its units established atNellikuppam ,Cuddalore District,Tamil Nadu .Nellikuppam factory is the oldest sugar factory in India. EID Parry is the first private sector company to start in houseR&D .Sugar Division contributes to over 65% of EID Parry’s turnover. Around 20% of thesugar production inTamil Nadu is from EID’s stable. [ [http://www.eidparry.com/analysisreport.asp Analysis report] ]Bio-products
The Bio Products business of the company comprises making available eco friendly products from
natural resources . Currently the core of the business is the NEEMAZAL range of products made from neem seed kernel at the Company'sproduction facility at Thyagavalli nearCuddalore , Tamil Nadu. TheBangalore R & D group supports thebusiness in developing new formulations and delivery mechanisms for the application of NEEMAZAL range of products. [ [http://www.eidparry.com/analysisreport.asp Analysis report] ]Parryware
Wirh
manufacturing facilities atRanipet inTamil Nadu ,Alwar inRajasthan and Dewas inMadhya Pradesh , sanitaryware products are marketed under the trade name "Parryware" and "Johnson Pedder". The Company also markets a complete range ofbathroom accessories including taps. The market share of EID Parry in this segment is about 38%. [ [http://www.eidparry.com/analysisreport.asp Analysis report] ]References
External links
* [http://www.eidparry.com/ EID PARRY (India) Ltd.]
* [http://www.hinduonnet.com/thehindu/mp/2002/12/11/stories/2002121100070300.htm The Hindu - The house that Parry built]
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