- Business
- E.I.D.-Parry (India) Limited manufactures and markets sugar, nutraceuticals, ethanol, co-generated power, and related products primarily in South India. The company produces a range of sweeteners including white sugar, refined sugar, pharma grade sugar, brown sugar, low GI sugar, and jaggery in bulk and retail packs under brands such as Parrys Pure and Parrys Superbrand; nutraceuticals comprising organic spirulina (Parrys Spirulina), micro algal products, natural beta carotenoids, and phycocyanin; distillery products such as rectified spirit, extra neutral alcohol, and ethanol from B-heavy molasses and syrup; and surplus power from cogeneration facilities. It operates seven sugar plants with 40,300 TCD crushing capacity, 140 MW cogeneration capacity, and 598 KLPD distillery capacity located at Nellikuppam, Pugalur, and Sivaganga in Tamil Nadu; Sankili in Andhra Pradesh; and Bagalkot, Haliyal, and Ramdurg in Karnataka; alongside nutraceutical plants at Oonaiyur and Saveripuram in Tamil Nadu. Founded in 1788 and headquartered at Dare House in Chennai, India, E.I.D.-Parry forms part of the Murugappa Group and maintains presence in refined sugar via Parry Sugar Refinery India Pvt. Ltd. and farm inputs including bio-pesticides through subsidiary Coromandel International Limited, with nutraceuticals sold in over 41 countries. Recent developments include the September 2025 board approval to divest its entire 50% stake in joint venture Algavista Greentech Private Limited to partner Synthite Industries for Rs 8 crore, following the joint venture's establishment for phycocyanin production; declassification of two promoter entities into public shareholders; initiation of ethanol production from B-heavy molasses at Nellikuppam; and ongoing expansions in low GI sugar and sustainable sugarcane practices.