Tube Investments of India

Founded in 1900, the $9.4 billion USD Murugappa Group is one of India’s leading business conglomerates. The Group has ten listed Companies traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., CG Power and Industrial Solutions Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd. and Wendt (India) Ltd.

Founded in 1949, TII stands as India’s premier engineering company, boasting a turnover of $2 billion USD. Specializing in a wide array of precision-engineered and metal-formed products tailored for key industries such as Automotive, Railway, Construction, and Agriculture. TII also holds a prominent position as a leading bicycle manufacturer, featuring iconic brands and a substantial market presence.

TII's business operations are structured into three core segments: Engineering, Metal-Formed products, and Mobility. Additionally, the Other Business segment encompasses Industrial Chains, TI Optoelectronic solutions, TMT Bars and New Business Initiatives in emerging markets.

Engineering Division

Tube Products of India (TPI) : is one of the world’s largest manufacturers of Cold Drawn Welded (CDW) Precision Tubes, renowned for delivering high-quality solutions across various industries. Our product range includes specially designed tubes for automotive, hydraulic and pneumatic applications.

TPI – International Business Plant (IBP) : Enables TPI to compete internationally with a focus on superior quality and adherence to global standards.

TPI – Large Diameter Plant (LDP) : Specializes in manufacturing high-quality, large diameter, cold drawn & welded tubes, particularly for Hydraulic Cylinder manufacturing.

TPI – Cold Rolled Steel Strips (CRSS) : Driven by an application-focused approach, customizes its manufacturing process to deliver tailored solutions that meet the exacting standards of each customer.

TI Machine Building (TIMB) : Offers a diverse range of custom-engineered machines tailored to meet the unique needs of its clients, providing complete solutions with automation featuring Industry 4.0 capabilities.

Metal Formed Products Division

Drives & Transmission Business Unit : Leader in automotive chains, offers a comprehensive range including drive chains, timing chains for motorcycles, and sprockets for 2-Wheeler OEMs and spare parts markets.

Precision Parts Business Unit : Specializes in precision-engineered fine blanking components for the automotive and industrial sectors.

Roll Form Sections Business Unit : A pioneer and leader in precision value-added sheet metal formed components, specializing in crafting essential automotive components and automotive electrical components.

Large Mechanical Sections Business Unit : Specializes in the manufacturing and supply of precision roll formed sections for wagons and coaches, along with sub-assemblies for sidewalls, end-walls, and roof components, catering to the specific needs of the railway industry.

Mobility Division

TI Cycles of India manufactures a diverse range of bicycles and accessories, catering to various needs and preferences. As a pioneer in the retail format of experiential stores, TI Cycles has introduced innovative outlets Track & Trail, offering a unique shopping experience tailored to different consumer segments. Through Hercules Fitness, the company further addresses the growing demand for fitness products, offering a comprehensive range of solutions to promote a healthy lifestyle.

Other Business

TIDC Industrial Chains Division is a trailblazer in manufacturing and supplying industrial chains, sprockets, couplings, and power transmission products. Operating from four facilities in Chennai, we serve diverse sectors such as agriculture, automobile, cement, steel, sugar, fertilizer, textile, and food. TI Macho offers high-performance TMT bars crafted through a unique and technically advanced process, ensuring optimized strength, ductility, toughness, and durability that rival the best in the industry. TI-Optoelectronic Solutions (TIOS) is a leading optical component manufacturing company in India. TIOS offers a diverse range of high-quality optical products, including lenses, filters, mirrors, windows, diffusers, beam splitters, and opto-mechanical products.

Subsidiaries

• Shanthi Gears Ltd. - Leading manufacturer of power transmission products including gear, gear box, geared motor, and gear assembly.
• CG Power and Industrial Solutions Ltd. - an engineering conglomerate renowned for its diverse portfolio of products, solutions, and services for power and industrial equipment, like transformers, switch gears, circuit breakers, HT & LT Motors etc.
• TI Clean Mobility Pvt. Ltd. - offers electric 3-Wheelers (Montra) , electric medium and high commercial vehicles Trucks (IPLT) , electric small commercial vehicles and electric tractors (TIVOLT), aiming to revolutionize the automotive segment with cutting-edge EV solutions.
• TI Medical Private Ltd. - Joint venture between Tube Investments and Premji Invest, focusing on MedTech, delivering high-quality, and affordable medical technology solutions.
• Moshine Electronics Pvt. Ltd. - Specializes in manufacturing mobile phone camera modules.
• 3xper Innoventure Ltd. - Contract Research Organization (CRO) and Contract Development and Manufacturing Organization (CDMO), offering integrated chemistry services from custom research to commercial manufacturing.
• CG Semi Pvt. Ltd. - Joint Venture in partnership with Renesas Electronics Corporation and Stars Microelectronics (Thailand) Public Co. Ltd, with a world-class Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, India.