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 CEO
of the Murugappa Group - leaders in confectionery,
sanitary-ware, chains and bonded abrasives, M. V. Subbiah
has overseen its remarkable turnaround in the last seven
years. The group is also strong in cycles, fertilisers and
tubes.
( Between 1993 and 1997, the group doubled its turnover,
from Rs 1,084 crore to Rs 2,600 crore ).
Part of the third generation of the Murugappa family,
M. V. Subbiah completed his MBA in the United States and
worked for over 12 years in middle management. This climb
to the top dispels the generally held belief that the group
is more family-run than professionally run.
This unassuming CEO, who still travels economy class,
reflects the toned-down image that the group consistently
portrays in the media. But his 'one-with-the-employees'
style of functioning does not seem to hinder him, in his
role as taskmaster.
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