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3M India Ltd.

1. Introduction
2. About the company
3M India is a diversified technology company known for its innovation in its offering to its customers and communities. Its parent company 3M provides its offerings to the world over through their world class manufacturing facilities situated throughout the globe. The company’s objective is to make the life of its customers easier and better. Vision

3M Technology advancing every company
3M Products enhancing every home
3M Innovation improving every life
3M India was born on 1988 as Birla 3M Limited. The name of the company was changed to 3M India Limited in Dec 2002. 3M in India has manufacturing facilities at Bangalore, Ahmedabad, Pune & Pondicherry with more than 1800 employees. For the Financial year ended March'11, 3M India posted a net sales of Rs. 1176 crores with net profits of Rs.99 crores The 3M technology solutions expertise has been tried and tested for performance, safety, value & productivity in markets that include Aerospace, Railways, Highways, Defense, Security, Mining, Health, Oil & Gas, Telecom and Marine in India and across the globe. 3M's wide product portfolio is backed by the guarantee of innovation and performance that has made 3M popular with millions all over the world. Today, 3M has over a 100 year track record of being one of the most innovative corporations worldwide. Fact is, half the world's population today enjoys experiencing at least one of 3M's 50,000 products, either directly or indirectly, every day. So when you choose 3M, you can rest assured that you have chosen a company that pursues international standards of quality, reliability and consistency in every product & service detail, providing customer value like never before[i]. 3. Products offered in India

3M India has built an exhaustive list of satisfied customers and a reputation for unmatched quality with over 6000 diverse products serving the following markets[ii]: • Industrial

• Transportation

• Electro and Communications

• Healthcare

• Display & Graphics

• Safety, Security & Protection Services

• Consumer & Office

4. Leadership team
D J Balaji Rao is the Chairman & Independent Director (Non-Executive), B C Prabhakar & B S Iyer are the Independent Director (Non-Executive), Albert C Wang is the Non Executive Director and R Vijay Kumar, Sadhana Kaul & B V Shankaranarayana Rao are the Whole Time Directors

Ajay NanavatiManaging Director
. Non-Executive Director
5. Market History of 3M India Ltd

6. About CRISIL
CRISIL is a global analytical company providing ratings, research, and risk and policy advisory services to the world's largest banks and leading corporations that make them function better. CRISIL has their core values as Integrity, Independence, Analytical Rigour, Commitment and Innovation. CRISIL's majority shareholder is Standard and Poor's (S&P). Standard & Poor's, a part of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of credit ratings. CRISIL addresses a rich and globally diversified client base. In India its customers range from small enterprises to the largest corporations and financial institutions and outside India customers include the world’s largest banks and leading corporations. They also work with governments and policy-makers in India and other emerging markets in the infrastructure domain. CRISIL empower their customers, and the markets at large, with independent analysis, benchmarks and tools. That help lenders and borrowers, issuers and investors, regulators, and market intermediaries make better-informed investment and business decisions. Their offerings allow markets and market participants to become more transparent and efficient - by mitigating and managing risk, taking pricing decisions, generating more revenue, reducing time to market and...
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