Tube Investments of India
Tube Investments of India Limited is the flagship company of the US $1.44 billion Murugappa Group. It manufactures bicycles, steel tubes & strips and metal-formed products. The Company holds 99.68 per cent of equity in TIDC India and also has an interest in the growing services sector through its investment in Cholamandalam Investment & Finance Company Ltd and Cholamandalam MS General Insurance Company Ltd.