Tube Investments of India (TUBEINVEST), the flagship company of USD 2 billion Murugappa Group, has a presence in engineering, metal-formed products and cycles. It was incorporated in 1949 and got its current name on Sept. 16, 1959. TI Cycles of India, a division of the company, markets cycles under the Hercules and BSA brand names with plants in Nashik, Noida, Durgapur, Bangalore, Kolkatta, Patna and Ludhiana. The company has 16 BSA-GO retail cycle stores as of March 2007. Tube Products of India manufactures precision steel tubes including telescopic front fork inner tubes and cylinder bore tubes; specialty products including rear axle tubes, tie rods; and various grades of CR strips. These find application in industries like bearings, automobile, auto ancillaries and general engineering.
The division`s plants are in Chennai, Shirwal and Mohali. TIDC India manufactures power transmission chains for the industrial, automotive and agricultural segment. It has forayed into fine blanking and supplies transmission and engine parts for four-wheelers and two-wheelers. The division`s plants are in Chennai and Hyderabad. The fourth division, TI Metal Forming, manufactures car doorframes, window channels, chassis channels and frames for starter motors, and sections for railway wagons and coaches. Plants are located in Chennai, Bawal, and Halol. The company is ISO 9001:2000, ISO 14001 ISO-TS 16949, API 7F and QS 9000 certified. It has a presence in insurance through its subsidiary Cholamandalam MS General Insurance Company. The other subsidiary is Tubular Precision Products (Suzhou) Company, China. Domestic clients include Maruti Udyog, Hyundai Motor, Hero Honda, Ashok Leyland, and many more. The company exports to Germany, Belgium, Poland, Japan, USA and other parts of Europe, South East Asia, and Africa. The registered office is located at Dare House, 234, NSC Bose Road, Chennai-600001, Tamil Nadu