MANUFACTURING
Shanthi Gears Positions Itself For Manufacturing-Led Growth
Shanthi Gears Ltd. (SGL), a subsidiary of Tube Investments of India Ltd., is well positioned to benefit from India’s manufacturing transformation, driven by infrastructure investments, energy transition, industrial automation and global supply chain diversification. In his letter to shareholders, Chairman M.A.M. Arunachalam said the structural changes in the economy were creating new opportunities for engineering […]
CW Bureau
·
Jul 6, 2026
MANUFACTURING
TII Lines Up ₹650-Cr Capex For FY27 Across Core Operations, Subsidiaries
Engineering and manufacturing major Tube Investments of India Ltd (TII) said it plans to invest between ₹300 crore and ₹350 crore in its core businesses during the current financial year, while an additional ₹300 crore is expected to be deployed into subsidiaries, including its electric vehicle and medical businesses. Managing Director Mukesh Ahuja said the […]
CW Bureau
·
May 19, 2026
MANUFACTURING
Tube Investments Q4 PAT Rises 16%; Board Approves ₹350-Cr Fund Raise
Tube Investments of India Ltd, part of the Murugappa Group, reported a 16% increase in standalone net profit for the March quarter at ₹284 crore compared with the year-ago period. The company had reported a net profit of ₹814 crore in the corresponding quarter last year, which included a fair value gain of ₹569 crore […]
CW Bureau
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May 13, 2026
MANUFACTURING
Tube Investments, N Govindarajan To Invest ₹100 Cr In 3xper Innoventure
Murugappa group firm Tube Investments of India Ltd (TII) has entered into a supplementary agreement with 3xper Innoventure Ltd and N Govindarajan to invest ₹75 crore by TII and ₹25 crore by Govindarajan respectively, in compulsorily convertible preference shares (CCPS) of the company. TII subsidiary 3xper operates in the contract development and manufacturing organisation (CDMO) […]
CW Bureau
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Apr 23, 2026
AUTO
TI Clean Mobility Completes Full Acquisition Of Tivolt Electric Vehicles
Murugappa Group company TI Clean Mobility Pvt Ltd (TICMPL) has acquired the remaining three crore equity shares of Tivolt Electric Vehicles Pvt Ltd for ₹30 crore, making it a wholly owned subsidiary. TICMPL is a subsidiary of Tube Investments of India Ltd. This transaction will enable TICMPL to consolidate its holding and have better operational […]
CW Bureau
·
Apr 1, 2026
AUTO
Tube Plans ₹500–750 Cr Fresh Infusion For Clean Mobility Turnaround
Tube Investments of India Ltd (TII) has reaffirmed its long-term commitment to electric mobility, signalling a renewed push to scale its EV vertical TI Clean Mobility, even as the business has taken longer than expected to reach breakeven. Addressing analysts, Vellayan Subbiah, Vice Chairman, Tube Investments of India, acknowledged early execution challenges but said the […]
Sajan C Kumar
·
Feb 9, 2026
MANUFACTURING
Tube Investments Forays Into Metal Injection Molding, Buys Orange Koi
Murugappa Group company Tube Investments of India (TII), a leading player in the engineering and manufacturing sector has announced its strategic entry into the metal injection molding business. Marking its initial strategic move in this direction, it has announced the execution of definitive agreements for acquisition of 87% equity stake in Orange Koi Pvt Ltd […]
CW Bureau
·
Feb 6, 2026
