East India Distilleries (EID) Parry Limited is an Indian

public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( ...

headquartered in

Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...

Tamil Nadu Tamil Nadu (; , TN) is a state in southern India. It is the tenth largest Indian state by area and the sixth largest by population. Its capital and largest city is Chennai. Tamil Nadu is the home of the Tamil people, whose Tamil language ...

that has been in business for more than 225 years. It has many firsts to its credit, including the manufacturing of

fertilizer A fertilizer (American English) or fertiliser (British English; see spelling differences) is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrients. Fertilizers may be distinct from ...

s (1906) for the first time in the

Indian subcontinent The Indian subcontinent is a list of the physiographic regions of the world, physiographical region in United Nations geoscheme for Asia#Southern Asia, Southern Asia. It is situated on the Indian Plate, projecting southwards into the Indian O ...

. The company is currently engaged in the manufacture and marketing of sugar and bio-products. Parry's is the oldest surviving mercantile name in Chennai.

Origin and history

EID Parry is one of the oldest business entities of the

and was originated by Thomas Parry, a Welshman who came to

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

in the late 1780s. On 17 July 1788, he started a business of banking and piece goods. By 1819, a partnership firm named "Parry and Dare" Company was founded by Thomas Parry and John William Dare. Parry's Corner, one of the most prominent central business districts of

, derives its name from Parry. Over a period of time, the business established by Parry continued to grow, and its flagship company EID Parry emerged. In 1908 Parry & Company set-up ‘The Pottery’ unit in

Ranipettai Ranipet is a southern suburb of Chennai, India. Ranipet (lit. Queen's colony) is an industrial hub of Southern Chennai city in southern India. It is located about from the Chennai city center. It is a major industrial town located on NH 4 Che ...

. Over the years it was named as "Parryware" Parry & Company Limited and East India Distileries & Sugars Limited were merged to form EID Parry India Limited. In its more than 200-year existence, this house remained active and operated many businesses. The Murugappa Group took over EID Parry in 1981 from financial & public institutions such as Life Insurance Corporation Of India, United Assurance Co, and Unit Trust of India.

Businesses

Sugar

EID Parry set up India's first sugar plant at Nellikuppam in 1842. It was India's first private sector company to perform

Research & Development Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existi ...

. The sugar division contributes to over 65% of EID Parry's turnover, and around 20% of the sugar production in

is from EID.Analysis report
The Nellikuppam Integrated Sugar Complex has a crushing capacity of 6500 metric tonnes per day, its co-generation facilities produce 24.5 MW of power, and its distillery facilities produce 75 kilolitres per day. EID Parry has 7 plants in the country situated at Nellikuppam in

Cuddalore Cuddalore, also spelt as Kadalur (), is the city and headquarters of the Cuddalore District in the Indian state of Tamil Nadu. Situated south of Chennai, Cuddalore was an important port during the British Raj. While the early history of Cudda ...

district,

Pugalur Pugalur is a municipality in Karur district in Tamil Nadu, India. It has two parts: Nanjai Pugalur and Punjai Pugalur. Nanjai refers to land with plenty of water, and Punjai refers to land with few bodies of water. Geography Pugalur is on th ...

Karur Karur () is a city in the Indian state of Tamil Nadu. Karur is the administrative headquarters of Karur district. It is located on the banks of Amaravathi River, River Amaravathi, Kaveri and Noyyal. Karur is well known for the export of Home Te ...

district,

Kurumbur Kurumbur is a village in the Thoothukudi district,? dc=22&tlkname=Alwar thirunagari ®ion=8&lvl=block&size=1200 Tamil Nadu, India. Kurumbur is a village located in Angamagalam Panchayat. Facilities Kurumbur has a High school (St Lucia's ...

Pudukottai Pudukkottai is the administrative headquarters of Pudukkottai District in the Indian state of Tamil Nadu. It is a large city located on the banks of the Vellar River. It has been ruled, at different times, by the mutharaiyar dynasty , Cholas, ...

district,

Pettavaithalai Pettavaithalai is a town between Tiruchirappalli and Karur. History This village is a iconic milestone for teenagers of 1970s. Balu Mahendra shot his famous second film Aziyatha Kollangal in 27 days at Pettavaithalai, Sirugamani and Inungo ...

Trichy Tiruchirappalli () ( formerly Trichinopoly in English), also called Tiruchi or Trichy, is a major tier II city in the Indian state of Tamil Nadu and the administrative headquarters of Tiruchirappalli district. The city is credited with bein ...

district,

Pondicherry Pondicherry (), now known as Puducherry ( French: Pondichéry ʊdʊˈtʃɛɹi(listen), on-dicherry, is the capital and the most populous city of the Union Territory of Puducherry in India. The city is in the Puducherry district on the sout ...

Puducherry Puducherry or Pondicherry may refer to: * Puducherry (union territory), a union territory of India ** Pondicherry, capital of the union territory of Puducherry ** Puducherry district, a district of the union territory of Puducherry ** Puducherry t ...

Haliyal Haliyala is a town in Uttara Kannada in the Indian state of Karnataka. It is the headquarters town for Haliyal Taluk. It can be classified as a main-road town. Geography Haliyal has an average elevation of 559 metres (1834 feet). ...

Karnataka Karnataka (; ISO: , , also known as Karunāḍu) is a state in the southwestern region of India. It was formed on 1 November 1956, with the passage of the States Reorganisation Act. Originally known as Mysore State , it was renamed ''Karnat ...

and Sankili in

Andhra Pradesh Andhra Pradesh (, abbr. AP) is a state in the south-eastern coastal region of India. It is the seventh-largest state by area covering an area of and tenth-most populous state with 49,386,799 inhabitants. It is bordered by Telangana to the ...

. The combined crushing capacity of all seven plants is 32,500 (TCD) Metric Tonnes of cane per day. The

unit of EID Parry was built at a site that had been rejected as a factory site at the request of the Indian government. It became one of the firm's largest revenue generators. The

unit was acquired by EID Parry in 1992. The co-generation facilities at Pugalur can produce 22.5 MW of power, and it has a cane crushing capacity of 4000 metric tonnes per day. The

factory was bought in 1998 and can co-generate 19.6 MW of power. Its cane crushing capacity is 3000 metric tonnes per day. Recently, EID Parry acquired the sugar plants of GMR Group in states like Karnataka and Andhra. The plants at

and Sankili were merged with EID Parry on 1 April 2012, and the plant at Ramdurg in Karnataka is operated on a lease basis.

Sugar Plants of EID Parry Group

* Nellikuppam in

District, *

District, * Kurumbur, Aranthangi Taluk in

District, *

district, *

, in

* Bagalkot, in

. *

, in

* Sankili, in

Bio-products

The bio-products business makes eco-friendly products from

natural resources Natural resources are resources that are drawn from nature and used with few modifications. This includes the sources of valued characteristics such as commercial and industrial use, aesthetic value, scientific interest and cultural value. ...

. Currently, the core of this business is the Neemazal range of products made from neem seed kernel at the Company's production facility at Thyagavalli near

, Tamil Nadu. The

Bangalore Bangalore (), List of renamed places in India, officially Bengaluru (), is the Capital city, capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan area, metropolitan population of a ...

R & D Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existi ...

group supports the business by developing new formulations and delivery mechanisms for the application of the Neemazal range of products. New products from this company include AbdA, SpreadMax, Yieldsmor, and Beemax. The company is now expanding its range of products away from

Azadirachtin Azadirachtin, a chemical compound belonging to the limonoid group, is a secondary metabolite present in neem seeds. It is a highly oxidized tetranortriterpenoid which boasts a plethora of oxygen-bearing functional groups, including an enol ether, ...

, its core product extracted from neem seed kernel.

Subsidiaries

Parrys Sugar Industries Limited

Acquired from GMR group, EID Parry holds a 65% stake. It merged with EID Parry on 1 April 2012.

Coromandel International Limited

EID Parry holds 56.4% of the company.

Other

* Parry Chemicals Limited * US Nutraceuticals LLC * Parry Phytoremedies Private Limited * Parrys Investments Limited * Parry Infrastructure Co Pvt Ltd * Parrys Sugar Limited * Coromandel Brasil Limitada * CFL Mauritius Limited * Sabero Organics Gujarat Limited * Parry Agrochem Exports Limited * Alagawadi Bireshwar Sugars Private Limited * Parry Sugars Refinery India Private Limited (Formerly known as Silkroad Sugar Private Limited)

Former Subsidiaries

Coromandel Bathware

Operations have been suspended at this 100% EID Parry subsidiary since 31 March 2000.

Parryware

Parryware is now a 100% subsidiary of Roca Sanitario S.A. and is known as Roca Bathroom Products Private Limited. It was created as a subsidiary of EID Parry called Parryware Private Limited, then became a joint venture between EID Parry and Roca called Parryware Roca India Private Limited after Roca purchased 45% of its shares. EID Parry later divested its remaining holdings in Parryware Roca India Private Limited to Roca.

Parry Confectionery

Parry Confectionery was sold to Lotte Confectionery Co. Ltd, Korea (a confectionery major, part of the $65 Billion

Lotte Group Lotte Corporation (or Lotte Group) is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea. Lotte began its history on June 28, 1948, by Korean businessman Shin Kyuk-ho in Tokyo. Shin expa ...

) in 2004. It is now known as Lotte India Corporation Limited, and manufactures Lotte Chocopie, a popular snack across India, along with Coffy Bite, Caramilk, Eclairs and Lacto King.

MEL Systems and Services Electronics Limited

* 1983: Murugappa Group established Murugappa Electronics Limited (present day MEL Systems and Services) * 1993: EID Parry merged Murugappa Electronics Limited with itself as Murugappa Industrial & Technical Services ivision* 1995: **January: EID Parry de-merged Murugappa Industrial & Technical Services as MEL Systems and Services Electronics Limited **December: Murugappa Group exited from electronics business after EID Parry divested MEL Systems and Services Electronics Limited

References

External links

Eid Parry (India) Ltd.
* {{DEFAULTSORT:Eid Parry Manufacturing companies based in Chennai Sugar companies of India Companies established in 1788 1788 establishments in British India Murugappa Group Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange