Tube Investments to Acquire Majority Stake in KCAL India for INR 62 Crore
The acquisition of Kcaltech System India Private Limited (KCAL India), a subsidiary of South Korea’s KC Altech Company Limited, will enhance the presence of TII, a Murugappa Group firm, in the HVAC market. Nov 29, 2024 Murugappa Group’s Tube Investments of India Limited has signed an executive agreement to acquire a 67 percent equity stake […]
Tube Investments of India to Invest INR 211 Crore to Setup Greenfield Precision Steel Tube Unit
Tube Investments of India Limited has announced to set up a greenfield precision steel tube manufacturing facility for INR 211 crore in western India. Oct 31, 2023 Tube Investments of India Ltd has announced to set up a greenfield precision steel tube manufacturing facility at an outlay of INR 211 crore. The Murugappa Group company […]
TI Machine Building: Forming the Future by Enabling Ideasinto Reality
Headquartered in Chennai, TI Machine Building (TIMB), a unit of Tube Investments of India Limited, offers a wide range of custom-engineered machines like tube mills and mill elements, straightening machines, precision swaging machines, draw benches, pilger mills, and material handling systems that can be integrated into manufacturing lines. The company provides complete solutions with automation […]
Tube Investments invests INR 141 crore for capacity expansion at Tiruttani unit
Tube Investments of India Ltd. (TII) is planning to invest around INR 141 crore to upgrade the large diameter precision steel tubes manufacturing capacity from the previous 4,125 tonnes a month to 5,950 tonnes a month at its Tiruttani unit in Chennai. Tube Investments of India Ltd. (TII), the engineering company of the Murugappa Group, […]
Tube Investments of India Shares its Financial Performance for Q1 FY23
Murugappa Group-owned Tube Investments of India has reported a standalone profit after tax (PAT) of INR 134.32 crore for first quarter of the current financial year. Chennai-based Tube Investments of India Ltd. (TII), part of the Murugappa Group, has shared its standalone quarterly results of the first quarter of the current fiscal ending June 30, […]
Tube Investments of India looking for OEM Partnerships
Recently, Tube Investments has commissioned a new tube mill, featuring advanced process technology, in Chennai. Tube Investments of India Ltd. (TII), a Murugappa Group company, is emphasising upon OEM partnerships as well as building up the distribution channel networks in a bid to increase its presence in the overseas markets. As published in a leading […]
Tube Investments of India Ventures into Electronics Component Segment
Tube Investments has diversified its portfolio with the acquisition of Noida-based Moshine Electronics, which is aligned with its long-term growth plans. Tube Investments of India Ltd. (TII), a Murugappa Group company, has acquired a 76 percent equity stake in Moshine Electronics Pvt. Ltd. (MEPL), a company manufacturing camera modules for mobile phones. The take-over by […]
Roca India to Invest INR 50 crore in Pipe Manufacturing Plant
The Indian subsidiary of the international sanitary-ware brand – Roca India is all set to infuse INR 50 crore in its maiden pipe manufacturing facility. Roca India, a leading sanitary ware company, is planning to invest INR 50 crore in its Greenfield facility in Bhiwadi, Rajasthan. The firm is aspiring to attain twice its revenue […]
