Tube Investments of India Limited

Last updated

Tube Investments of India Limited
Company type Public
BSE:  540762
NSE:  TIINDIA
ISIN INE974X01010
Industry Engineering
Founded1949
Headquarters Avadi, Chennai, Tamil Nadu, India
Key people
Arun Murugappan
Products Bicycles, automotive chains, car door frames, steel tubes, TMT bars
RevenueIncrease2.svg12,070 crore (US$1.4 billion) (FY22)
Increase2.svg1,098.10 crore (US$130 million) (FY22)
Increase2.svg746.16 crore (US$89 million) (FY22)
Parent Murugappa Group
Website www.tiindia.com

Tube Investments of India Limited is an Indian engineering and manufacturing company that specializes in bicycles, metal formed products, and chains. It is based in Chennai and a part of Murugappa Group. It was incorporated as TI Cycles of India Limited in 1949, as a joint venture company.

Contents

History

  • Established TI Diamond Chains Limited in association with Diamond Chain Company (Usa)
  • Established TI Miller in association with Miller, UK

Divisions

The major divisions are:

TI Cycles of India

Hercules cycle on a beach in Mumbai Cycle juhu beach 2.jpg
Hercules cycle on a beach in Mumbai

TI Cycles of India (a unit of Tube Investments of India Ltd.) 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 including Hercules, BSA and Philips cycles. It has[ when? ] a manufacturing capacity of around three million bicycles per year. TI Cycles has sponsored including the 900+ km Tour of Nilgiris, through its brand BSA.

TI Cycles of India brands:

Track 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:

Tube Products of India (TPI)

Tube Products of India (TPI) is a steel tubes manufacturer based in India. [4] Tube Products of India was established in the year 1955 in collaboration with Tube Products (Old Bury) Limited, UK to produce Electric resistance welding (ERW) and Cold Drawn Welded (CDW) tubes also called as Drawn Over Mandrel tubes.

The manufacturing locations of Tube Products of India are located at:

BSA Motors

BSA Motors is a manufacturer of non-pollutant electric vehicles. It has its manufacturing plant in Avadi, Tiruvallur district.

TI Diamond Chains

TI Diamond Chains, simply known as TIDC India, was established as a joint venture between Tube Investments of India Limited & Diamond Chain Company Inc USA. Tube Investments of India Limited merged it with as a division called TIDC India. TIDC India is a chain manufacturer in segments such as industrial, automotive and fine blanking.

TIDC India's manufacturing plants are:

TI Metal Forming

TI Metal Forming was established in 1965 as a division of Tube Investments of India Limited. It manufactures car door frame (skin parts), glass separator channels, door guide rails (stainless steel), window channels, side impact beams, casing for starter motor (deep drawn part), HCV chassis and CRF sections for railway wagons and coaches.

TI Metal Forming's manufacturing plants:

Montra Electric

Montra Electric is a three-wheeler brand introduced by TI Clean Mobility Private Limited for unveiling its revolutionary electric three-wheeler vehicle “Super Auto”. TI Clean Mobility Private Limited is a wholly-owned subsidiary of Tube Investments of India Limited (Initially established as TI Cycles of India Limited, Madras), a Murugappa Group Company, effective from 12 February 2022. The company is engaged in the manufacturing and marketing of electric three-wheelers in the passenger auto and cargo segments.

Subsidiaries

See also

Related Research Articles

<span class="mw-page-title-main">Birmingham Small Arms Company</span> Major British industrial combine

The Birmingham Small Arms Company Limited (BSA) was a major British industrial combine, a group of businesses manufacturing military and sporting firearms; bicycles; motorcycles; cars; buses and bodies; steel; iron castings; hand, power, and machine tools; coal cleaning and handling plants; sintered metals; and hard chrome process.

Triumph Engineering Co Ltd was a British motorcycle manufacturing company, based originally in Coventry and then in Meriden. A new company, Triumph Motorcycles Ltd, based in Hinckley, gained the name rights after the end of the company in the 1980s and is now one of the world's major motorcycle manufacturers.

<span class="mw-page-title-main">Bajaj Auto</span> Indian two-wheeler and three-wheeler manufacturing company

Bajaj Auto Limited is an Indian multinational automotive manufacturing company based in Pune. It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj (1889–1942) in Rajasthan in the 1940s.

<span class="mw-page-title-main">Royal Enfield (England)</span> Brand name used by a European automobile company

Royal Enfield was a brand name under which The Enfield Cycle Company Limited of Redditch, Worcestershire, England, sold motorcycles, bicycles, lawnmowers and stationary engines which it manufactured. Enfield Cycle Company also used the brand name "Enfield" without the "Royal".

<span class="mw-page-title-main">Sunbeam Cycles</span>

Sunbeam Cycles made by John Marston Limited of Wolverhampton was a British brand of bicycles and, from 1912 to 1956 motorcycles.

Ambattur is a northwestern neighbourhood of Chennai, India. It is located in Ambattur taluk of the Chennai District, surrounded by Avadi, Anna Nagar, Korattur, Padi, Mogappair, Kallikuppam, Surapet, Ayappakkam, Athipet and Thiruverkadu. It covers an area of 40.36 km2 (15.58 sq mi). The neighbourhood is served by Ambattur railway station of the Chennai Suburban Railway. Ambattur has its origins in a village of the same name which can be located at present as areas opposite to Ambattur telephone exchange. Ambattur was a village with large extents of agricultural farm lands irrigated by the once-sprawling Ambattur Lake. In 2011, the neighborhood had a population 466,205.

<span class="mw-page-title-main">EID Parry</span> Indian public company

EID Parry Limited is an Indian public company engaged in the manufacture and marketing of sugar and bio-products, headquartered in Chennai. EID Parry has been in business since 1788, making it the oldest surviving mercantile name in Chennai. It has many firsts to its credit, including the manufacturing of fertilizers (1906) for the first time in the Indian subcontinent.

<span class="mw-page-title-main">Ivan Stedeford</span>

Sir Ivan Arthur Rice Stedeford GBE, was a British industrialist and philanthropist.

<span class="mw-page-title-main">TI Group</span>

TI Group plc was a holding company for specialised engineering companies. It was based in Abingdon, Oxfordshire and was listed on the London Stock Exchange, at one point being a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Sir Ivan Stedeford Hospital</span> Hospital in Tamil Nadu, India

Sir Ivan Stedeford Hospital is a multi-speciality hospital in Ambattur, Chennai, India. The hospital is named after Sir Ivan Stedeford, the British industrialist and philanthropist. The hospital was opened on 25 February 1966 and is managed by the AMM Foundation. It is situated 3 km from the Ambattur rail-bridge on the Ambattur–Avadi road, about a kilometer from the Ambattur–Red Hills Road intersection. The hospital has been certified with ISO 9001-2008 for Quality Health Care Service by BVQI, London in 2010.

The Raleigh Bicycle Company is a British bicycle manufacturer based in Nottingham, England and founded by Woodhead and Angois in 1885. Using Raleigh as their brand name, it is one of the oldest bicycle companies in the world. After being acquired by Frank Bowden in December 1888, it became The Raleigh Cycle Company, which was registered as a limited liability company in January 1889. By 1913, it was the largest bicycle manufacturing company in the world. From 1921 to 1935, Raleigh also produced motorcycles and three-wheel cars, leading to the formation of Reliant Motors. Raleigh bicycle is now a division of the Dutch corporation Accell.

Chennai is nicknamed the "Detroit of Asia" due to the presence of major automobile manufacturing units and allied industries around the city.

The Sun Cycle & Fittings Co. Ltd. was an English manufacturer of motorcycles, mopeds and bicycles. The company was based in Aston, Birmingham.

<span class="mw-page-title-main">Mishra Dhatu Nigam</span> Metallurgy industry

Mishra Dhatu Nigam Limited, is a specialized metals and metal alloys manufacturing facility in India, located in Hyderabad, Telangana. It is a Public Sector Undertaking (PSU), under the administrative control of Department of Defence Production, Ministry of Defence, Government of India. MIDHANI is the only producer of titanium in India.

BSA Company Limited is a motorcycle manufacturer which purchased rights to the BSA name from Birmingham Small Arms Company's successor, Dennis Poore's Manganese Bronze Holdings, upon the liquidation of Norton Villiers Triumph in 1978.

<span class="mw-page-title-main">Murugappa Group</span> Indian conglomerate

Murugappa Group is an Indian conglomerate founded in 1900 by A. M. Murugappa Chettiar. The Group has 29 businesses including 10 companies listed on the NSE and the BSE. Headquartered in Chennai, the major companies of the Group include Carborundum Universal, Cholamandalam Financial Holdings, Cholamandalam Investment and Finance, Cholamandalam MS General Insurance, Coromandel International, EID Parry, Parry Agro Industries, Shanthi Gears, Tube Investments of India, Wendt (India), and CG Power and Industrial Solutions.

Tube Products of India (TPI) a Unit of Tube Investments of India Ltd. is a steel tubes manufacturer based in India.

<span class="mw-page-title-main">Carborundum Universal</span> Indian materials science company

Carborundum Universal Ltd (CUMI) is an Indian company which manufactures and develops abrasives, ceramics, refractories, aluminium oxide grains, machine tools, polymers, adhesives and electro minerals in India. It is a part of the great Murugappa Group.

M. M. Murugappan is a fourth-generation member of the Murugappa family and the former chairman of the Murugappa Group.

References

  1. "Historique - SEDIS" . Retrieved 18 September 2014.
  2. Preetha, M. Soundarya (13 July 2012). "Tube Investments to buy Shanthi Gears". The Hindu . Coimbatore. Retrieved 18 July 2012.
  3. "Murugappa Group to set up its 4th bicycle plant in Punjab". The Hindu . Press Trust of India. 11 June 2015. Retrieved 16 May 2016.
  4. "Tube Products of India". Tiindia.com. Retrieved 29 May 2012.
  5. "Sedis : chaînes transmission, chaînes manutention, chaînes de levage" . Retrieved 18 September 2014.
  6. "Tube Investments takes over majority stake in CG Power, holds 50.62% equity". The Economic Times. 26 November 2020. Retrieved 7 February 2023.