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Post Bag No. 11,Diamond chains are designed and manufactured by TIDC India, a part of the INR 369 Billion (36,893 Crores) Murugappa Group, one of the most trusted and respected business Groups in India. A Group that is renowned for its belief in ethical business practices, innovative processes and people development.
The Murugappa Group was founded in 1900, the INR 369 Billion (36,893 Crores) Murugappa Group is one of India's leading business conglomerates. The Group has 28 businesses including nine listed Companies traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd., and Wendt (India) Ltd.
Market leaders in served segments including Abrasives, Auto Components, Transmission systems, Cycles, Sugar, Farm Inputs, Fertilisers, Plantations, Bioproducts and Nutraceuticals, the Group has forged strong alliances with leading international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Sociedad Química y Minera de Chile (SQM),Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide geographical presence all over India and spanning 6 continents.
Renowned brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Parry’s, Chola, Gromor, Shanthi Gears and Paramfos are from the Murugappa stable. The Group fosters an environment of professionalism and has a workforce of over 50,000 employees.
Tube Investments of India Limited (TII) is the first company that was incorporated in the Engineering Segment for the Murugappa Group. It began operations in 1949 with a plant in Chennai to manufacture Bicycles. The vision of building TII into an engineering behemoth led the development of key businesses in manufacturing Precision Tubes in 1955 and Chains in 1960. In 1965, pioneer and leader in precision value added sheet metal formed components.