Tube Investments of India has incorporated a wholly owned subsidiary, viz., TI Clean Mobility (TCMPL) on February 12, 2022 as per the Certificate of Incorporation received on February 14, 2022.
TCMPL has been incorporated to undertake and carry on the business of designing, developing, manufacturing, assembling, altering, repairing, maintaining, providing services, acquiring, investing, collaborating, trade or otherwise deal in all types of mobility products/vehicles, automotive, clean mobility products/vehicles including electric vehicles, hybrid vehicles and vehicles propelled with renewable energy or other energy/fuel and related components, parts, accessories, subassemblies and ancillary products.
TCMPL would also engage in the business of and deal in all types of clean or solar/renewable energy or other energy related products/systems/solutions including motors, power trains, modules, batteries/other storing devices, power devices, generators, turbines, fuels/fuel cells, control/transmission equipment, instruments and charging stations/infrastructure.
Tube Investments of India was formed by merging TI Cycles of India and Tube Products of India. The company is in to the business of manufacturing metal products.