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Murugappa Group plans to invest Rs 3,000 crore on EVs
Manufacturing - May 13,2024
TI Clean Mobility, a Tube Investments of India Ltd subsidiary, signs ₹580 crore agreement with GEF Capital Partners for EV venture. The firm has raised ₹2,530 crore of its planned ₹3,000 crore f .

Murugappa arm TII set for big EV push
Automotive Industries - Jan 23,2024
Tube Investments of India (TII), part of the Murugappa Group, plans to expand its electric vehicle (EV) presence with launches including a three-wheeler cargo, e-rickshaw, tractors, and four variants .

Murugappa Group eyes semiconductor assembly business
Industrial Productx - Nov 23,2023
The Murugappa Group company plans to venture into the semiconductor assembly and testing industry with a Rs 6,500 crore project. Mumbai-based CG Power, acquired by Tube Investments in 2020, has applie .

Tube Investments of India to invest Rs 211 crore in a greenfield unit near Pune, Maharashtra
Manufacturing - Oct 31,2023
Tube Investments of India (TII) is set to invest Rs 211 crore in a new precision steel tube manufacturing plant in Pune, Maharashtra. This greenfield facility, approved by the Murugappa Group's b .

Murugappa group company to increase capacity at a cost of Rs 347 crore
Power Generation - Oct 25,2023
CG Power and Industrial Solutions, a Murugappa Group company, is investing approximately Rs 347 crore to expand its production capacity across various units. With a robust order book of $5,229 crore a .

Leading power company to invest Rs 400 crore in capacity expansion
Infrastructure - Jul 06,2023
CG Power and Industrial Solutions, a member of the Murugappa Group, will invest Rs 400 crore in capacity expansion over the next two years. The company is now debt-free and has started paying dividend .