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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
Copyright 2006. All rights reserved for Cholamandalam Group.