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TUBE INVESTMENTS OF INDIA LTD

About company
A Reputed Engineering Company in India, driving excellence in work and part of the US $ 3.14 billion Indian conglomerate, The Murugappa Group

Tube Investments of India Limited is the flagship Company of Rs 15,907 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.

TI is the market leader in precision tubes with 61 percent market share by virtue of its quality and application engineering capabilities.

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.

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.

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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Sectors
Manufacturing
No of employees
3100
Year established
1949
Scale
Large
CIN No
L35921TN1949PLC002905