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Ventured into new businesses like Truck Body Works and TI Macho TMT & Acquired Creative cycles Limited and Great Cycles Limited in Sri Lanka
Demerger with Chola MS to segregate manufacturing and financial service businesses
First announcement of TICI opening ceremony – First published ad
Opening Ceremony of TICI, by His Excellency the Governor of Madras and Raja of Bhavnagar : Colonel Maharaja Raol Sir Shri Krishna Kumarsinhji Bhavsinhji
Tube Products of India Limited was established in association with Tube Products Limited (UK) and TPI Opening ceremony newspaper ad and opening ceremony by His highness Shri Jayachamaraja Wadiyar, Maharaja of Mysore
TPI and TICI merged together as Tube Investments of India. TII becomes a listed company
TI Diamond Chains started in collaboration with Diamond Chain TI Miller was established in association with Miller, UK
Backward intergration from tubes to cold rolling mill to produce Cold Rolled Steel Strips
To expand and grow TI formed TI Metal Forming to cater the roll formed metal products need of the market
TII grew and expanded their operations all over the country in Mohali, Shirwal, Bawal, and many more places.
TII acquired Satavahana Chains in Medak, Hyderabad
TII entered Financial service through joint venture with Mitsui Sumitomo Insurance, Japan, establishing Cholamandalam MS General Insurance Company Limited
TII celebrates their 60th anniversary : Faster Fitter Greener – TI ahead of the times for 60 years
TI Cycles of India Limited was established in collaboration with Tube Investments Limited, UK, the then world’s largest manufacturer of bicycles.
Tube Products of India started with British collaboration.
Tube Products of India merged with TI Cycles of India to form Tube Investments of India Limited.
TI Miller, a joint venture with Miller UK started for producing Bicycle lamps and dynamo kits
TI Diamond Chain started.
TII started to sponsor MCC Murugappa Gold Cup Hockey tournament
Cold Rolling Mill, for the production of CR Strips started at TPI Avadi
TI Metal Forming was established as a division of TII
TII’s maiden bonus issued – one for every two shares held
TIDC diversified into industrial chain
TIDC diversified into Heavy duty chains
TI UK divest their shares in TII – first tranche
TI made a public issue of 5.5 lakh shares
TIDC developed engineering class chains
TI UK divest their shares in TII – second tranche
TII’s second bonus issue – one for every three shares held
Rights of 10.29 lakh shares issued at Rs.20 per share
TIDC acquired satavahana chains at Medak, Hyderabad and converted it into RCD plant
TII made an issue of 36,70,595 partly convertible debentures of Rs.200 each
TPI received award for achieving highest export performance during 1993-1994 from EEPC
TII made a GDR issue of $50 million
TIDC acquired a German plant and established an agricultural chains division, a 100% EOU at Kakkalur near Chennai
TIDC sets up fine blanking division, for catering to automobile sector
TII’s third bonus issue – one for every three shares held
TPI establishes an indigenously designed tubes plant at Shirwal, Pune
TPI acquired Mitsua Kokan plant in Japan and established an EOU at Avadi, Chennai
TPI strips division sets up wide width manufacturing facility at Avadi, Chennai
TIDC received the Golden Peacock National Quality award from the Institute of Directors
TQM based EFQM model/ CII EXIM model introduced
New facility to produce car door frames established at Bawal and Nemilicherry
TIMF disposed non-core metal forming business to concentrate on automobile segment
TPI acquired Steel Strips and Tubes Limited at Mohali, Chandigarh
The turnover of TII crossed 1000 crores
TII promoted Cholamandalam General Insurance Co. Ltd.
TII made an entry into financial services by buying 41.80% stake in Cholamandalam Investment and Finance Co. Ltd.,
TPI bagged the coveted Sword of Honor Award for Safety from the British Safety Council, UK
TII’s Corporate Headquarters shifted to Dare House
TICI entered the Fitness Segment with the Launch of BSA Workout
Amsted, USA divested its holdings in TIDC India Limited
TII R&D added Steel Processing based Research Centre.
TIDC India Ltd. merged with TII
TIMF sets ups a plant Halol, Gujarat to manufacture car door frames
TII’s fourth bonus issue – one for every one share held
The Murugappa group generated and donated Rs.2.5 crore for Tsunami relief. Mr.A.Vellayan handed over a cheque of Rs.50 Lakh towards CM Relief Fund
Developed starter motor frames and started a manufacturing facility at our TIMF main plant
Postal Stamp released to commemorate Shri AMM’s contribution to Indian Industry
TPI sets up Tubular Component Facility at Chennai
A new hydro-forming facility has been commissioned at the plant in Kakkalur, Chennai to cater to the Auto Component Requirements
TICI launches it’s international class bicycle & fitness equipment store, BSA Go
TIDC sets up a plant in Uttarakhand
TPI sets up tubular component division at Manesar near Gurgaon
TII turnover crosses 2000 crores
TII Celebrated its 60th anniversary. Mr. R.C. Bhargava, Chairman, Maruti Suzuki Ltd, is being presented the special bike by The Union Minister, Mr. P. Chidambaram. Also seen is Mr. M.A. Alagappan, The Chairman of the Murugappa Group, Mr. M.M. Murugappan, the Chairman, TII & Mr.L. Ramkumar, Managing Director, TII.
TIMF developed hydro formed parts and started to supply to France
Developed sidewall, Roof assembly, and endwall for railway coaches at Kakkalur plant
Tube Investments of India acquired majority stake in Sedis, France
TIMF commissioned new plant in Sanand, Gujarat to manufacture and supply doorframes & cross beams assembly
TIMF commissioned new plant in Laksar, Uttarakhand to manufacture and supply single piece centre sill CRF Sections & Side wall, end wall of Wagons
Founded in 1900, the INR 1,056 Billion Murugappa Group is one of India’s leading business conglomerates.
“Chola Crest” 4th Floor, No.C54-55 & Super B-4, Thiru Vi Ka Industrial Estate, Guindy, Chennai 600 032
Phone: +91 44 42177770-5
