TUBE INVESTMENTS OF INDIA LTD EXP

Company Introduction: Tube Investments of India Ltd.

Nature of Business: Factory (Manufacturer)

Tube Investments of India Ltd. (TII) is a prominent Indian engineering company and a integral part of the Murugappa Group, a leading business conglomerate in India. Established in 1949, TII has developed into a diversified manufacturing powerhouse with a strong presence across various industrial segments.

The company primarily functions as a manufacturer, operating numerous factories and production facilities throughout India. Its core business segments include:

1. Engineering: This involves the manufacturing of precision steel tubes, cold rolled steel strips, and industrial chains.

2. Metal Formed Products: TII produces automotive frames, car door frames, and other sheet metal components primarily for the automotive industry.

3. Bicycles and Mobility: It is a leading manufacturer of bicycles under well-known brands such as Hercules, BSA, and Montra, and has expanded into electric vehicles.

4. Other Businesses: TII also has strategic investments in areas like financial services through its subsidiary Cholamandalam Investment and Finance Company Limited, and abrasives.

TII is recognized for its robust manufacturing capabilities, continuous technological advancements, and unwavering commitment to quality. The company serves both the domestic Indian market and maintains a significant international presence through its exports of various manufactured products. Its operations are fundamentally centered on manufacturing, firmly establishing it as a factory rather than solely a trading entity.

Tube Investments of India Ltd manufactures or sells the following products:

Bicycles: Under brands like Hercules, BSA, Montra, and Mach City, offering a range of models including road bikes, mountain bikes, kids' bikes, and electric bikes.

Precision Steel Tubes: Electric Resistance Welded (ERW) and Cold Drawn Welded (CDW) tubes used in automotive, general engineering, boiler, and furniture industries.

Cold Rolled Steel Strips: Used in various applications such as automotive components, electrical equipment, and general engineering.

Industrial Chains: A variety of chains including automotive timing chains, industrial drive chains, and agricultural chains.

Metal Formed Products: Components for the automotive industry such as car door frames, chassis components, heavy fabrications, and railway wagon parts.