Tube Investments of India Ltd. (TII) is one of India’s leading manufacturers of a wide range of products for major industries such as Automotive, Railway, Construction, Mining, Agriculture, etc. The Company’s 3 main verticals are Engineering, Metal Formed Products and Bicycles. In line with its growth strategies, the Company has forayed into TMT bars and Truck Body Building business and is additionally exploring opportunities in optic lens and other vision systems for the Auto industry. The company is a flagship Company of the renowned Murugappa Group, India’s leading business conglomerate.

Business area of the company

Tube Investments of India manufactures fabricated metal products. The Company specializes in cycles, steel tubes, strips, chains, and metal formed items. Tube Investments of India serves customers in India.

Business Divisions

Cycles & Components: TI Cycles of India
Engineering: Tube Products of India
Metal formed products: TI Metal Forming and TIDC India

The company estimates strong growth prospects in its cycle segment, relating to increasing domestic
market share, catering to the export markets and newer product categories.
The management expects to transfer higher commodity prices to its end customers, with a likely
impact from H1 FY22.
It has a capex plan of ₹200-₹250 crore, with the majority of the funds to be utilized towards the
electric vehicle project of the company in FY22.