The Group has 29 businesses including ten listed Companies traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., CG Power and Industrial Solutions Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd. and Wendt (India) Ltd.
The Group holds leadership position in several product lines including Abrasives, Technical Ceramics, Electro Minerals, Auto Components & Systems, Power Conversion Equipment, Transformers & Reactors for the Power T&D segment, Solutions for Railways in Rolling Stock & Signalling Equipment, Bicycles, Fertilisers, Sugar, Tea and Spirulina (Nutraceuticals). The Group has forged strong alliances with leading international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide geographical presence all over India and spanning 6 continents.
Renowned brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Rhodius, Parry’s, Chola, Gromor, Shanthi Gears and Paramfos are from the Murugappa stable. The Group fosters an environment of professionalism and has a workforce of over 59,000 employees.
Investments in emery paper and steel furniture
Pioneering Cycles business : TI
Re-enter : Financial services sector
Expands: Agri and fertilizers business
Going global : JVs with leading international companies
Increasing touch points in cycles, farm inputs and general insurance
Significant growth in adjacency businesses and acquisitions
Turnover: ₹74,220 crore
Market capitalization: ₹1,78,412 crore
10 listed companies
99 Manufacturing Locations across 17 States
11 Oversees Manufacturing Locations
17 Overseas Marketing Offices
Tube Investments of India Limited (TII) is one of the country’s leading engineering companies, with a portfolio spanning across metals to mobility solutions.
It is a leading manufacturer in cycles, a preferred supplier of tubes, metal formed products and chains to a wide range of industries. TII supplies safety-critical precision parts to major OEMs and has strong presence in the power sector, off-road applications, textile machinery and general engineering segments.
The company is a leader in automotive and industrial chains with the brand ‘Diamond’. The ability to consistently deliver high precision and global quality standards has resulted in rising exports for the company. Tl I is a pioneer in cycle retailing in India, with prestigious brands like BSA, Hercules, Ladybird, Roadeo, Mantra and Mach City in its stable. TII operates in the industrial gears segment in India through its subsidiary Shanthi Gears Limited and has acquired CG Power to further strengthen its non-automotive engineering presence.
Tube Investments of India Ltd
Tube Investments of India (TII)
TI Clean Mobility