What we do Tube Investments of India Limited manufactures engineering products, metal formed products, and mobility solutions including bicycles and electric vehicles, serving automotive, industrial and consumer sectors. |
Founded in 2,008 |
Market share A leading manufacturer in steel tubes, auto chains, bicycles and emerging electric mobility segments with strong domestic and growing export presence. |
Problem solved Provides advanced steel and mobility products that address automotive demand, industrial needs, and green mobility solutions to reduce carbon footprint. |
Top clients or who we serve Serves automotive OEMs, industrial clients, bicycle consumers, and electric vehicle markets; includes B2B and B2C customers domestically and internationally. |
Key management - |
Our journey and innovations Started as a financial holding, transformed into a manufacturing leader with expansions into electric vehicles, specialty bicycles, and medical devices through strategic acquisitions and innovations. |
Where we operate Primarily operates in India with exports and subsidiaries in Sri Lanka, France, China, and other markets across Asia and Europe. |
Top products or what we offer Cold rolled steel strips, precision tubes, automotive chains, bicycles, electric vehicles, medical devices, industrial systems, power systems, and semiconductor components. |
Top brands TI Cycles with 21% organized market share, Montra Electric in EVs, Shanthi Gears in automotive components, and CG Power in electrical solutions. |
Raw materials needed Steel strips, precision steel, alloys, electronic components, and raw materials for medical devices and electric vehicle manufacturing. |
Raw materials supplier Global and domestic steel suppliers, specialized alloy and component vendors, and technology partners in EV and medical segments. |
Recurring vs cyclical contribution Revenue includes recurring sales from manufacturing and aftermarket, with cyclicality in automotive and industrial end markets. |
Our industry position Strong market leader in steel tubes, bicycle manufacturing, and industrial systems with evolving presence in electric mobility and medical devices. |
Financial highlights Revenue of Rs 19,465 Cr, net profit of Rs 674 Cr for FY 2024-25 showing steady growth backed by diversified segments and cost efficiency. |
Geographical revenue split About 87% revenue from India and 13% from international markets including exports and subsidiaries. |
Order book - |
Whats driving growth Growing automotive production, expanding EV adoption, new bicycle models, export growth, and investment in medical and CDMO sectors. |
Our future plans Focus on expanding electric vehicle production, new greenfield plants for steel products, enhance medical device capacity, and grow CDMO operations. |
Our green promise Committed to sustainability through electric mobility solutions, lean manufacturing, and community CSR initiatives. |
Our people and values 3,219 employees fostering a High Ambition Culture with talent development, inclusion and Lean initiatives for operational excellence. |
Key challenges ahead Raw material price volatility, competitive pressures, technology shifts in EVs, and managing capital investments amidst market uncertainties. |
Interesting facts Pioneered anti-slip bicycle chains and ergonomic handlebars; operates one of India's largest bicycle production plants; strong presence in clean mobility through subsidiaries. |
Risks and strategy Mitigates risks via diversification, lean manufacturing, technology partnerships, and active engagement with evolving automotive and EV market trends. |
