The Murugappa Group values and beliefs are firmly rooted in the philosophy enunciated by the Arthasashtra, the ancient Indian treatise on economic and political wisdom:
"The fundamental principle of economic activity is that no man you transact with will lose; then you shall not."
The values and beliefs of the Murugappa Group, which form the guiding principles for its individual businesses, are:
- Adhere to ethical norms in all dealings with shareholders, employees, customers, suppliers, financial institutions and government
- Provide value for money to customers through quality products and services
- Treat people with respect and concern; provide opportunities to learn, contribute and advance; recognise and reward initiative, innovativeness and creativity
- Maintain
- An organisational climate conducive to trust, open communication & team spirit
- A style of operation befitting our size but reflecting moderation and humility
- Manage environment effectively for harnessing opportunities
- Discharge responsibilities to various sections of society and preserve environment
- Grow in an accelerated manner, consistent with values and beliefs, by continuous organisational renewal
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