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A Reputed Engineering Company in India,
driving excellence in work and part of the US $ 2.4 billion
Indian conglomerate, The
Murugappa Group
Tube Investments of India Limited is the
flagship Company of Rs. 8500 crore Murugappa Group. It
manufactures precision steel tubes and strips, car doorframes,
automotive and industrial chains and bicycles.
The Company has 13 manufacturing/assembly
units spread across the country. These units are ably
supported by marketing offices that act as interface between
customer requirements and production team. The Company’s
shares are listed on the National, Mumbai and Chennai stock
exchanges within India and GDRs on the Luxembourg Stock
Exchange. The Company’s product segments are - Engineering,
Metal Formed Products and Cycles.
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TI is the market leader in precision tubes
with 61 percent market share by virtue of its quality and
application engineering capabilities.
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TI is the market leader in
roll formed car doorframes with 57 percent market share by
virtue of its cost efficiency, association with key auto
majors and roll forming capabilities.
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TI is a leading player in automotive chain
with 35 percent market share by virtue of its quality,
cost and delivery and association with two wheeler majors.
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TI is a leading player in bicycle segment
with 30 percent market share by virtue of its brand
equity, product development capability and proximity to
the markets.
The Company also has an interest in the
services sector through its investments in Cholamandalam
Investment and Finance Company Ltd. and Cholamandalam MS
General Insurance Co. Ltd.
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