The Group was started as a chit fund company by R Thyagarajan, AVS Raja and T Jayaraman in 1974. It is today a 60,000 Cr Company. Mr. R Thyagarajan was awarded the Padma Bhushan. The Group has investments in Manufacturing, Value Added Services, Project Development, Engineering Services, Pharmaceuticals, Machined & Auto Components, Press Dies & Sheet Metal Stamping, Packaging, Information Technology and Property Development. In Real Estate it has presence in Bengaluru, Chennai and Vishakhapatnam.