Technocraft Industries India (TIIL) established in 1972, has an interest in diverse businesses. It is a multi-divisional company having three divisions; drum closures, pipes and scaffoldings, and cotton yarn. Under its drum closures division, TIIL manufactures and exports drum closures consisting of flanges and plugs, various types of gaskets, epoxy and phenolic lacquered finish closures, stainless steel closures, special design products and over 70 types of lever latches for fiber and metal drum locking rings. It is one of the largest drum closures manufacturers in the world and produces around 23 million sets of drums annually. The company markets drums closures to 60 countries through its subsidiaries in UK, Poland, Hungary, Germany and Australia.
Under its pipes and scaffoldings division, Technocraft Industries India produces black and galvanized steel tubes which are used in irrigation, construction and transportation of gas, water and chemicals. The various types of pipes manufactured by TIIL include black pipes, galvanize pipes, painted pipes, black threaded pipes and galvanized threaded pipes among others. The cotton yarn division of Technocraft Industries India manufactures and exports 100% cotton ring spun yarn. It also operates an apparel brand, Haute Chilli which has stores in Mumbai, Ahmedabad, Surat and Nashik. The head office of Technocraft Group is in Mumbai, India.