About EID Parry (India) Ltd
Founded in 1788, EID Parry is one of the oldest companies in India, with a rich history spanning over centuries. This long-standing presence highlights the company’s resilience. It also reflects its ability to adapt to changing market dynamics. The headquarters of EID Parry is located in Chennai, Tamil Nadu, India, specifically in the historic Dare House.
The company is part of the Murugappa Group, India’s leading business conglomerate. The promoters of EID Parry include Ambadi Investments Limited, with a 38.33% stake. A team of professional managerial promoters manages the operations of the company-
- M M Venkatachalam
- S Suresh
- Muthiah Murugappan
- Ajay B Baliga
- T Krishnakumar
EID Parry’s main products include sugar, bio-pesticides, and nutraceuticals. The company is a pioneer in producing organic spirulina and microalgae-based products. These are sold under the “Parry’s Spirulina” brand in over 41 countries. Additionally, EID Parry produces refined sugar and various farm inputs through its subsidiaries. This includes companies like Parry Sugar Refinery India Pvt. Ltd. and Coromandel International Limited.
While EID Parry is a significant player in the Indian sugar industry, it is not currently the largest. This assessment is based on its market share and market capitalization. However, it is recognized for its pioneering efforts and high-quality products.
The registered office of EID Parry (India) Ltd is in Chennai, Tamil Nadu, and the registrar's office is in Hyderabad, Telangana. EID Parry (India) Ltd is a well-established and trusted name in the Indian sweeteners and nutraceuticals sector. The company’s extensive history, commitment to quality, and innovative products make it a key player in the industry. With strong promoter backing and a focus on sustainable practices, EID Parry contributes significantly to the Indian economy.
The vision of EID Parry (India) Limited
EID Parry (India) Ltd envisions a future where sustainable practices and innovation drive the agricultural and nutraceutical sectors. The company aims to be a global leader in these industries, providing high-quality products that meet the needs of consumers while promoting environmental stewardship. This vision is rooted in a commitment to excellence, sustainability, and community development.The foundation of EID Parry’s vision lies in its dedication to quality. The company believes high-quality products are essential for building consumer trust and ensuring long-term success. This commitment to quality is evident in every aspect of the company’s operations, from the cultivation of raw materials to the manufacturing processes. EID Parry strives to ensure each product meets stringent quality standards, providing consumers with reliable and effective solutions.
Innovation is another cornerstone of EID Parry’s vision. The company continuously invests in research and development to bring new and improved products. This focus on innovation allows EID Parry to stay ahead of industry trends and meet the evolving needs of its customers. Whether developing new agricultural techniques or creating advanced nutraceutical products, EID Parry always looks for ways to enhance its offerings. The company aims to provide more excellent value to consumers.
Sustainability is also an essential aspect of EID Parry’s vision. The company recognizes the importance of protecting the environment and is committed to sustainable practices in its operations. This includes using eco-friendly materials, reducing waste, and implementing energy-efficient processes. EID Parry aims to minimize its environmental impact while still delivering high-quality products. This commitment to sustainability reflects the company’s broader goal of contributing to a better world.
EID Parry’s vision extends beyond products to encompass community development. The company strives to impact the communities where it operates positively. This includes supporting local farmers through training and development programs. The company also focuses on providing employment opportunities and investing in community infrastructure. EID Parry believes that strong communities are essential for long-term success. The company is committed to contributing to their growth and development.
Education is another critical element of EID Parry’s vision. The company aims to support education at all levels by providing resources and opportunities for learning. This includes offering scholarships and supporting educational institutions. It also involves providing training programs for employees and community members. EID Parry believes education is a crucial driver of social and economic development. The company is committed to promoting education through various initiatives.
EID Parry envisions a future where its products are accessible to everyone. This commitment extends to individuals regardless of their location or economic status. The company is committed to expanding its reach and making its products available to a broader audience. This commitment includes exploring new markets and developing affordable product lines. Additionally, the company is focused on working with partners to distribute its products more widely. EID Parry believes everyone should have the tools to improve their health and well-being.
A strong corporate culture that values integrity, teamwork, and continuous improvement supports the company's vision. EID Parry believes a positive work environment is essential for achieving its goals and encourages employees to take pride in their work.
Know More