Tube Investments of India
#1935
Rank
$8.25B
Marketcap
India
Country
Mr. M. Arun Murugappan Arunachalam (Exec. Chairman)
Mr. Murugappan Vellayan Subbiah (Exec. Vice Chairman)
Mr. K. R. Srinivasan (Pres, Pres of TI Metal Formed Products Division & Additional Whole-Time Director)
Summary
History
1949: Established TI Cycles of India Limited in association with Tube Investments Limited, UK
1955: Established Tube Products of India Limited in association with Tube Products Limited, UK
1960:Established TI Diamond Chains Limited in association with Diamond Chain Company
Established TI Miller in association with Miller, UK1965: Established TI Metal Forming
1990: Acquired Press Metal Corporation
1993: TIDC acquired Satavahana Chains
1999: TPI acquired Steel Strips And Tubes Limited
2001:TII acquired Cholamandalam Investment and Finance Company Limited
Established Cholamandalam MS General Insurance Company Ltd2010: TI India acquired French chain manufacturer Sedis
In 2012, Tube Investments bought a 44.12% controlling stake in Coimbatore-based Shanthi Gears for ? 292 crore.
In 2014, the large diameter tubing plant was inaugurated
Current major divisions
The major divisions now are:
TI Cycles of India
BSA Motors
Tube Products of India
TI Diamond Chains
TI Metal Forming
Shanti Gears
TI TMT Macho
TI Cycles of India
TI Cycles of India is a bicycle manufacturer based in India. Established in 1949 by the Murugappa Group and Sir Ivan Stedeford of Tube Investments Group in UK, TI Cycles is the maker of brands like Hercules, BSA and Philips cycles. Currently it is the first largest cycle manufacturer in India and number one manufacturer in special segments like mountain bikes, sports lite roadsters, racing bikes etc. It has a manufacturing capacity of around three million bicycles per year. Of late, TI Cycles has begun to sponsor a variety of cycling events, one of them being the 900+ km Tour of Nilgiris, through its brand BSA. TI Cycles of India brands:
TI Cycles
BSA
Hercules
Philips Cycles
Track & Trail
Montra
RoadeoTrack and Trail India is an initiative of TI Cycles India with the objective to bring brands such as Bianchi, Schwinn, Cannondale, Ducati, etc. to the Indian market.
TI Cycles of India has manufacturing plants at:
Ambattur, Chennai
Nasik, Maharashtra
Noida, Uttar Pradesh
Rajpura, Punjab
Tube Products of India
Tube Products of India a Unit of Tube Investments of India Ltd. is a steel tubes manufacturer based in India. Tube Investments of India is a flagship company of Murugappa Group. Tube Products of India established in the year 1955 in collaboration with Tube Products Limited, UK to produce Electric resistance welding and Cold Drawn Welded tubes also called as Drawn Over Mandrel tubes.
The manufacturing locations of Tube Products of India are located at:
Avadi, Chennai, Tamil Nadu
Shirwal, Maharashtra
Mohali, Punjab
Tiruttani, Tamil Nadu
BSA Motors
BSA Motors is a manufacturer of non - pollutant electric vehicles. It has its state of manufacturing plant in Avadi, Tiruvallur district.
TI Diamond Chains
TI Diamond Chains is simply known as TIDC India. T I Diamond Chain Limited is established as joint venture between Tube Investments of India Limited & Diamond Chain Company Inc USA. Now Tube Investments of India Limited merged it with as a division called TIDC India. TIDC India is leading chain manufacturer in segments such as Industrial, Automotive and Fine Blanking.
TIDC India's manufacturing plants are:
TIDC India, 11, M. T. H Road, Ambattur, Tiruvallur district.
Gangnouli, Laksar, Haridwar, Uttrakhand.
Kazipally Village, Jinnaram Mandal, Medak District, Telangana.
TI Metal Forming
TI Metal Forming was established in 1965 as a division of Tube Investments of India Limited. It manufactures Car door frame , Glass separator channels, Door guide rails , Window channels, Side impact beams, Casing for starter motor , HCV chassis and CRF sections for Railway wagons and coaches.
TI Metal Forming is having four manufacturing plants:
Thiruninravur, Tiruvallur district
Bawal, Rewari district, Haryana
Sanand, Ahmedabad district, Gujarat
Halol, Panchmahal district, Gujarat
Kakkalur, Tiruvallur district
Laksar, Haridwar District, Uttrakhand
Mission
Vision
Key Team
Mr. Mukesh Ahuja (MD & Additional Director)
Mr. AN Meyyappan (Chief Financial Officer)
Mr. R. B. Selvakumar (Sr. VP of HR)
Ramanujam Rajagopalan (AVP of Corp. Fin. & Taxation)
Mr. S. Suresh (Exec. VP of Legal & Company Sec.)
Mr. Kalyan Kumar Paul M.B.A. (Managing Director of TI Clean Mobility Private Limited)
Mr. Krishna Srinivas (Exec. VP of Corp. Technology Centre)
Recognition and Awards
References
Mr. M. Arun Murugappan Arunachalam (Exec. Chairman)
Mr. Murugappan Vellayan Subbiah (Exec. Vice Chairman)
Mr. K. R. Srinivasan (Pres, Pres of TI Metal Formed Products Division & Additional Whole-Time Director)
