Tube Investments of India, part of the diversified business conglomerate, a Murugappa Group is all set to commission the green field manufacturing facility to produce large diameter tubes in Tamil Nadu during the current financial year.
Upon commissioning the facility, the company would consolidate its capabilities to address new market segments and business opportunities.
Tube Investments of India is the flagship company of the Murugappa Group with multiple businesses ranging from diversified auto-ancillary products, bicycle retailing to financial services and insurance.