EID Parry - Origin

Origin

  • EID Parry is one of the oldest business entities of the Indian subcontinent and was originated by Thomas Parry, a Welshman who came to India in the late 1780s. On 17 July 1788, he started a business of banking and piece goods.
  • By 1819, a partnership firm named "Parry and Dare" Company was founded by Thomas Parry and John William Dare. Parry's Corner, one of the most prominent central business districts of Chennai, derives its name from Parry. Over a period of time, the business established by Parry continued to grow, and its flagship company EID Parry emerged.
  • In 1908 Parry & Company set-up ‘The Pottery’ unit in Ranipettai. Over the years it was Named as "Parryware"


  • Parry & Company Limited and East India Distileries & Sugars Limited were merged to form EID Parry India Limited. In its more than 200 year existence, this house remained active and operated many businesses.
  • The Murugappa Group took over EID Parry in 1981 from financial & public institutions such as Life Insurance Corporation Of India, United Assurance Co, and Unit Trust of India.

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