Carborundum Universal & Grindwell Norton collectively account for 70% of the abrasives industry & have monopolised their long-term standing in this business
Last updated: 08-Jul-2024•Research Desk
Carborundum Universal This Murugappa group company is engaged in manufacturing and export of abrasives, industrial ceramics, refractories and electro-minerals with capacities in India, Russia and China. Electro minerals division which contributed 36 per cent to revenue caters to raw material requirements for abrasive and ceramics segment. The company generates 50 per cent of the revenue from exports exploiting the foreign market with presence in
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