MANUFACTURING
CUMI Decides To Shut Down Loss-Making Units, Invests In Fab Facility
Carborundum Universal Ltd (CUMI) has initiated closure of its loss-making overseas units while stepping up investments in semiconductors, advanced ceramics and value-added materials as part of its long-term growth strategy. The Murugappa group company has decided to wind up Germany-based Awuko and discontinue operations at South Africa-based Foskor Zirconia after prolonged losses and weak market […]
CW Bureau
·
May 22, 2026
MANUFACTURING
CUMI Eyes Expansion, Advanced Materials For Aspiration 2030 Growth
Carborundum Universal Ltd (CUMI), a Murugappa Group company engaged in abrasives, ceramics, electro-minerals and refractories, is accelerating investments in capacity expansion, advanced materials and new-age technologies as part of its “Aspiration 2030” growth strategy aimed at building new revenue engines over the next five years. The company said the first year of the Aspiration 2030 […]
CW Bureau
·
May 22, 2026
MANUFACTURING
CUMI To Wind Up AWUKO Abrasives GmbH Amid Persistent Losses
Murugappa group company Carborundum Universal Ltd (CUMI) has initiated steps to wind down its German step-down subsidiary, CUMI AWUKO Abrasives GmbH (CAAG), citing continued underperformance and mounting losses. The decision was approved by the Board of CUMI International Ltd (CIL), Cyprus, the holding company of CAAG, to proceed with a voluntary winding-up process under German laws. […]
CW Bureau
·
Mar 31, 2026
MANUFACTURING
Carborundum Universal Starts Thin Wheel Production At Hosur Facility
Carborundum Universal Ltd (Cumi), part of the Murugappa Group, has commenced commercial production of cutting and grinding wheels (thin wheels) at its manufacturing facility in Hosur. The new plant established at an investment of ₹83 crore is expected to generate a turnover of around ₹160 crore at peak capacity utilisation. The new production line has […]
CW Bureau
·
Mar 16, 2026
