Tube Investments of India (TIL) was incorporated in 1949; is a flagship company of the US $2.4 billion Murugappa Group.
It is engaged in manufacturing of precision steel tubes and strips, car doorframes, automotive and industrial chains and bicycles
TIL is the market leader in various products and commands 61% of market share in precision tubes, 57% market share in roll formed car doorframes, 35% market share in automotive chain and 30% market share in bicycle segment.
The Company has 13 manufacturing/assembly units spread across the country.
The Company also has an interest in the services sector through its investments in Cholamandalam Investment and Finance Company and Cholamandalam MS General Insurance Company
The company’s manufacturing units have received various certification in quality system namely ISO-TS 16949, ISO 9001: 2000, ISO 14001:2004 and OHSAS18001-2007.
Cycles- The Company is one of the leading bicycle manufacturers in India. The company markets its product under the brand name Hercules, BSA (Birmingham Small Arms) and Philips cycles. It manufacturing units is located in Chennai, Nashik and Noida.
Tubes- The company is leader in precision Welded ERW and CDW steel tubes in Indian Market. It also manufactures wide range of CRCA (cold rolled closed annealed) strips, rear axle tubes, side impact beams, tie rods and drag links. Their manufacturing unit is located at Chennai (Avadi, Ambature), Shirwal, Mohali, Suzhou–China.
TIDC- The company is one of India’s leading manufacturer of power transmission chains for the industrial, automotive and agricultural segment
Metal Forming- This unit is engaged in manufactures Car doorframes, window channels, SS Rail, impact beams, chassis channels, frames for starter motor. It has manufacturing unit located at Chennai (Thiruninrravur and Kakalur), Bawal, Halol and Pune.
The Company will supply door frames to Tata Motors' small car Nano.