CUMI looks to US as China options shift focus

摘要

Murugappa Group firm Carborundum Universal Ltd (CUMI), which has its own operations in Russia and China, is looking at starting its operations in US. The company has various options including organic and inorganic modes of entry into the country. The business opportunities in all the business sectors including abrasives and electrominerals are high in US and it is a lucrative market, said company Managing Director K Srinivasan. "We have a sales operation at the moment in US and also sell to many large customers there, including ceramic products. But we do not have a large operating or manufacturing company in US, as of now. We are looking at various options, including whether we start some thing and do it, or whether we buy something. We have not come to any firm conclusion and it is in the stage of ideation," he said.