->Rsrikanth05 at 11:54, 6 January 2022

2022-01-06T11:54:28Z

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{{refimprove|date=July 2012}}
{{Use dmy dates|date=July 2020}}
{{Use Indian English|date=July 2020}}
{{Infobox company
|name = Tube Investments of India Limited
|logo = TI Group logo.svg
|type = [[Public company|Public]]
|traded_as = {{BSE|540762}}<br />{{NSE|TIINDIA}}
|ISIN = INE974X01010
|foundation = 1949
|industry = [[Engineering]]
|location = [[Ambattur, Chennai, Tamil Nadu]], [[India]]
| net_income = {{profit}} US$ {{0|0}}0.966 billion (2012)
| aum = 
| assets = {{profit}} US$ 1.9 billion (2012)
|key_people = [[M. M. Murugappan]]
|parent = [[Murugappa Group]]
|products = [[Bicycle]]s, [[Roller chain|automotive chains]], [[Coachwork|car door frames]], [[Tubing (material)|steel tubes]], [[Construction (material)|TMT bars]]
|subsid =
|homepage = {{URL|http://www.tiindia.com}}
}}

'''Tube Investments of India Limited''' (Initially established as TI Cycles of India Limited, Madras) is a [[Murugappa Group]] company that specializes in [[engineering]], [[bicycles]], metal formed products, and [[chain]]s. It is based in [[Chennai]]. It was incorporated as ''TI Cycles of India Limited'' in 1949, as a [[joint venture company]].

==History==
* 1949: Established [[TI Cycles of India]] Limited (present day Tube Investments of India Limited) in association with Tube Investments Limited, UK (present day [[TI Group]])
* 1955: Established [[Tube Products of India]] Limited in association with Tube Products (Old Bury) Limited, UK
* 1960:
:*Established TI Diamond Chains Limited in association with Diamond Chain Company (Usa)
:*Established TI Miller in association with Miller, UK
* 1965: Established TI Metal Forming
* 1990: Acquired Press Metal Corporation
* 1993: TIDC acquired Satavahana Chains
* 1999: TPI acquired Steel Strips And Tubes Limited
* 2001:
:*TII acquired Cholamandalam Investment and Finance Company Limited
:*Established [[Cholamandalam MS General Insurance]] Company Ltd
* 2010: TI India acquired French chain manufacturer [[Sedis (company)|Sedis]]<ref>{{cite web|url=http://www.sedis.fr/groupe-sedis/historique.html|title=Historique - SEDIS|access-date=18 September 2014}}</ref>
*In 2012, Tube Investments bought a 44.12% controlling stake in [[Coimbatore]]-based Shanthi Gears for {{INR}} 292 crore.<ref name="shanthi">{{cite news|url=http://www.thehindu.com/business/companies/article3634678.ece|title=Tube Investments to buy Shanthi Gears|last=Preetha|first=M. Soundarya|date=2012-07-13|work=[[The Hindu]]|access-date=2012-07-18|location=Coimbatore}}</ref>
*In 2014, the large diameter tubing plant was inaugurated

===Current major divisions===
The major divisions now are:
* [[TI Cycles of India]] (TICI)
* BSA Motors (BSAM)
* [[Tube Products of India]] (TPI)
* TI Diamond Chains (TIDC)
* TI Metal Forming (TIMF)
* Shanti Gears
* TI TMT Macho

[[File:Hercules Cycle of India in Antique Shop for $380.jpg|thumb|Hercules Cycle of India in Antique Shop in USA]]
===TI Cycles of India===
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 like [[Hercules Cycle and Motor Company|Hercules]], [[Birmingham Small Arms Company|BSA]] and [[Phillips Cycles|Philips]] cycles. Currently it is the first largest cycle manufacturer in India and number one manufacturer in special segments like mountain bikes, sports lite roadsters, racing bikes etc. It has a manufacturing capacity of around three million bicycles per year. Of late, TI Cycles has begun to sponsor a variety of cycling events, one of them being the 900+ km Tour of Nilgiris, through its brand BSA. TI Cycles of India brands:
* TI Cycles
* BSA
* Hercules
* Philips Cycles
* Track & Trail
* Montra
* Roadeo

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:

* Ambattur, Chennai
* Nasik, Maharashtra
* Noida, Uttar Pradesh
* Rajpura, Punjab<ref>{{cite news|url=https://www.business-standard.com/article/pti-stories/murugappa-group-to-set-up-its-4th-bicycle-plant-in-punjab-115061101177_1.html|title=Murugappa Group to set up its 4th bicycle plant in Punjab|newspaper=[[The Hindu]]|date=11 June 2015|agency=Press Trust of India|access-date=16 May 2016}}</ref>

===Tube Products of India (TPI)===
'''[[Tube Products of India]]''' (TPI) ''a Unit of [[Tube Investments of India Ltd]]''. is a [[Tube (fluid conveyance)|steel tubes]] manufacturer based in [[India]].<ref>{{cite web|url=http://www.tiindia.com/article/divisions/13 |title=Tube Products of India |publisher=Tiindia.com |access-date=2012-05-29}}</ref> Tube Investments of India is a flagship company of [[Murugappa Group]]. Tube Products of India established in the year 1955 in collaboration with Tube Products (Old Bury) Limited, [[UK]] to produce [[Electric resistance welding]] (ERW) and [[Drawing (manufacturing)|Cold Drawn Welded]] (CDW) tubes also called as Drawn Over Mandrel tubes.

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

*[[Avadi]], [[Chennai]], [[Tamil Nadu]]
*[[Shirwal]], [[Maharashtra]]
*[[Mohali]], [[Punjab]]
*[[Tiruttani]], [[Tamil Nadu]] (Large Diameter Plant)

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

===TI Diamond Chains===
TI Diamond Chains is simply known as TIDC India. T I Diamond Chain Limited is established as joint venture between Tube Investments of India Limited & Diamond Chain Company Inc USA. Now Tube Investments of India Limited merged it with as a division called TIDC India. TIDC India is leading chain manufacturer in segments such as Industrial, Automotive and Fine Blanking.

TIDC India's manufacturing plants are:
* TIDC India, 11, M. T. H Road, [[Ambattur]], [[Tiruvallur district]].
* Gangnouli, Laksar, Haridwar, Uttrakhand.
* Kazipally Village, Jinnaram Mandal, Medak District, Telangana.

===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 is having four manufacturing plants:
* [[Thiruninravur]], [[Tiruvallur district]]
* [[Bawal]], [[Rewari district]], [[Haryana]]
* [[Sanand]], [[Ahmedabad district]], [[Gujarat]]
* [[Halol]], [[Panchmahal district]], [[Gujarat]]
* [[Kakkalur]], [[Tiruvallur district]]
* [[Laksar]], [[ Haridwar District]], [[Uttrakhand]]

==Tube Investments of India Subsidiaries==
* Cholamandalam Investment and Finance Company Limited(CIFCL)<ref>{{cite web|url=http://www.cholamandalam.com|title=Cholamandalam Finance - Enter a Better Life|access-date=18 September 2014}}</ref>
* [[Cholamandalam MS General Insurance]] Company Limited
* Sedis Chains France<ref>{{cite web|url=http://www.sedis.fr|title=Sedis : chaînes transmission, chaînes manutention, chaînes de levage|access-date=18 September 2014}}</ref>

==See also==
* [[Murugappa Group]]

==References==
{{reflist}}

==External links==
* [http://www.tiindia.com tiindia.com] Tube Investments of India Limited Official Website
* [http://www.tubeproductsindia.com tubeproductsindia.com] Tube Products of India (TPI) Official Website
* [http://www.tidcindia.in tidcindia.in] TI Diamond Chains (TIDC) Official Website
* [http://www.bsahercules.com bsahercules.com] BSA Hercules Official Website
* [http://www.trackandtrail.in trackandtrail.in] Track and Trail Cycles Official Website
* [https://web.archive.org/web/20090204121826/http://bsamotorsindia.com/ bsamotorsindia.com] BSA Motors Official Website
* [https://www.bsaworkouts.com/ BSA Workouts Official Website]
* [http://www.timetalforming.com timetalforming.com] TI Metal Forming Official Website

{{TI Group}}
{{Murugappa Group}}

[[Category:Cycle manufacturers of India]]
[[Category:Companies based in Chennai]]
[[Category:Murugappa Group]]
[[Category:Indian companies established in 1949]]
[[Category:Manufacturing companies established in 1949]]

Tube Investments of India Limited - Revision history

->Rsrikanth05 at 11:54, 6 January 2022