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Tube Investments of India

#1804

Rank

$9.27B

Marketcap

IN India

Country

Tube Investments of India
Leadership team

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)

Products/ Services
Industrial Engineering, Industrial Manufacturing, Mechanical Engineering
Number of Employees
1,000 - 20,000
Headquarters
Chennai, Tamil Nadu, India
Established
1990
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
TIINDIA.NS
Social Media
Overview
Location
Summary
Tube Investments of India Limited manufactures and sells cycles and accessories, steel strips and tubes, and metal formed products in India. It operates through three segments: Cycles and Accessories, Engineering, and Metal Formed Products. The Cycles and Accessories segment offers standard bi-cycles; special bi-cycles, such as alloy bikes; specialty performance bikes; and fitness equipment. It serves customers in the group of kids, adolescent boys and girls, urban adults, and performance cyclists. The Engineering segment manufactures and supplies cold drawn welded tubes, electric resistance welded tubes, and tubular components for automobile applications; large diameter tubes for hydraulic cylinders and off-road applications; and special grade cold rolled steel strips. The Metal Formed Products segment manufactures and supplies sheet metal formed products, industrial chains, fine blanked components, motor casings and agri-blades for the automotive, industrial, railway, and agriculture segments; and roll-formed car doorframes and cold rolled formed sections for railway wagons and passenger coaches. The company also provides power generation and distribution solutions. In addition, the company operates Track & Trail Urban, Track & Trail Sport, and BSA Hercules Rural outlets, as well as trackandtrail.in. The company also exports its bicycles, tubes, and industrial chains to other countries in Asia, Europe, and the Americas. Tube Investments of India Limited was incorporated in 2008 and is based in Chennai, India.
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
Our mission is to provide advanced and innovative engineering solutions to enhance the quality of life. We strive to increase customer satisfaction through top-notch products and services.
Vision
Our vision is to be the most trusted world-class Company in Engineering Solutions, enhancing the quality of life.
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
TII has won numerous awards in its 70+ years of business operations. Some of these awards include the ‘Cycle Rickshaw Manufacturer’s Award’ by the Indian Government, the ‘Mahabharat Ratna’ Award presented by the FICCI, and the ‘Future of India Award’ presented by the NIPM.
References
Tube Investments of India
Leadership team

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)

Products/ Services
Industrial Engineering, Industrial Manufacturing, Mechanical Engineering
Number of Employees
1,000 - 20,000
Headquarters
Chennai, Tamil Nadu, India
Established
1990
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
TIINDIA.NS
Social Media