Empowered with the legacy of its visionary forefathers at the Murugappa Group, Tube Investments of India Ltd. (TII) has grown consistently since its inception, breaking new grounds, racing past geographical and engineering frontiers.
The company started with the objective of providing mobility to the common man in the form of a bicycle and has since then diversified into making components to build two-wheelers, passenger cars, commercial vehicles and Railway wagons and coaches.
The company has grown with the support of its dedicated employees numbering nearly 3500. Its consistent record of dividend payment every year since inception is a testimony to its financial soundness.
Today, TII is not only a force to reckon with on the Indian industrial and commercial landscape, the company is also making bold strides on foreign soil and is in the process of further expanding operations worldwide.
TII is the market leader in precision tubes by virtue of its quality and application engineering capabilities. It is the market leader in roll formed car doorframes by virtue of its cost efficiency, and association with key auto majors and roll forming capabilities. TII is a leading player in automotive chain by virtue of its quality, cost and delivery and association with two wheeler majors. The company is also a leading player in bicycle segment by virtue of its brand equity, product development capability and proximity to the markets. Recently, TI acquired a controlling stake in Shanthi Gears Limited, Coimbatore.