Parryware Roca strides ahead

Venkatachari Jagannathan
18 January 2007

Chennai: Chennai-based Parryware Roca Private Limited has changed itself in to a multi cultural company in the last nine months.

With the Spanish company Roca buying 50 per cent in the Parryware Roca (formerly Parryware Glamourooms Private Limited), the company now has 13 expatriates working for it and the top management comrises Indian, Spanish and Brazilians. (See Roca buys into Parryware Glamourooms for €50 million).

While managing director, K E Ranganathan is an Indian, all his key deputies are expats; the deputy managing director and finance controller are Spaniards while its general manager, operations, is from Brazil.

"The company is now like a multi national company (MNC) headquartered in Chennai," remarks Ranganathan.

After Roca's entry, the Indian company has undergone various changes apart from the organisational structure. Today employees at different levels travel to Roca's 48 plants across the globe to learn the production process and shop floor practices.

Similarly the Indian company can now tap the research and development (R&D) wing of Roca. The company's new plant at Perundurai, Tamil Nadu was built with Roca's inputs.