Ad Here  
January
February
March
April
May
June
 
 
S V Raju – a ‘good’ true liberal Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Air Asia India will set new benchmarks for budget travel Quality education through the PPP mode Shanti and Sadhana through Music …and of a popular trade leader He saved millions from starvation... Online not in line with brick and mortar businesses... Tribute Mu Sigma – is no more Fortune for Indian Airlines Gas is the way forward TN accounts for the largest recruits by the IT sector Tihar, Puzhal not different from Parappana Agrahara Plummeting profits of PSBs Alexa – Talking Wikipedia Come elections, come advertisements... Medical costs hit the roof... Pharma – overdose of copying Intellectual of rare qualities Permanent secretariat for TN GIM Delhi is distant… The balancing act The Swadeshi Trump Like Hinduism: many paths to reach God... Poor quality of university VCs Delhi is distant A professional at the helm of IRDA... Fall in crude prices help in oil sector reform When small is no larger beautiful.. Roaring Ro-Ro facility Polls and promises Godspeed, Chief Minister JJ Of course, Gujarat is vibrant Gay abandon in pricing Parliament in paralysis... Nuclear power at the nucleus Tax agriculture Align crops to agro climate endowments… Shaming of Tamils by Tamil farmers at Delhi Secularism and anti-Hinduism When Ratan Tata visited SRM Haul over the coal Lalu’s envy, India’s pride Dr C Rangarajan returns to Chennai Making ‘my Amaravati’... Lesson from Chandrababu Naidu The power-full Hindujas PPP mode for upgrading Corporation Hospitals Wanted: a second airport for Chennai Where is Rajaji? Measuring roof tops in terms of KW/MW Rs.1600 crore paper board plant of TNPL A yen for wastage… Rahman at CIC An enemy’s enemy is a friend Eternal support for capitalisation of PS banks B H Kothari - a tribute Shale gas and its shallow future Preserving for the future Tribute – Manikam Ramaswami Small units prefers to remain small... The why of tax incentives Don’t seem to feel the pulse… Tough task taking states together Things happen by accident and not by design... A welcome initiative by the judiciary Sweet news for TN sugar mills TIAM turns a full cycle Return to king coal for urea... Insurance companies bleeding, yet no decision on increasing FDI limit! Cutting the nose to spite the face Computation of GDP – conundrums continue London, London Narayan Build close rapport with business leaders Poor representation for Kerala and TN in Cabinet Discoms deserve better… Engineering seats go abegging He continues the focus on social amelioration Welcome thrust on trade in Modi’s foreign visits... The ‘Jayanthi Tax.’ Valli, they are more marginalised How Air-India loses customs... Solar thermal shines… West Bengal: mindless malignancy An inexplicable neglect EVM is tamper-proof Why this malaise in medical education? A more liberated TN… WTO Meet: resolved to meet again When online building permits work…. Tatas moving out of urea production... Auto components surge… Demise of a media baron... The rise and rise of KCP Adharma of opposition politics Another Indian music maestro at the UN China invests in India Limit foreign borrowings to hi-tech, export potential projects... The star of Spencers is no more Towards speedy justice Vibrant Gujarat Shipping woes of Chennai companies Mersal magnified S Ramanathan – a versatile musician, musicologist Breaththrough in malaria control PC’s preference for professionals Where a state respects its litterateurs… A proud Madrasi No mega rail project for Tamil Nadu The rise and fall of Annamalai University Tribute – UCAL Selvan… New IT products of Ramco in the pipeline… This scant respect for Law Naidu will soon build a new Hyderabad Kulandai was a giant to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Welcome changes that testify to Jayalalithaa’s return to health More Shakthi to Das’ elbow SoA @ 80 All eyes on Sankara Nethralaya The nuclear option More Shakti to resource mobilisation... Infrastructure funding – lessons learnt Music happens CII projects higher growth… Telangana in top gear… GNS - 100: our first subscriber Reliance’s TV – 18 ready to launch Tamil News Channel Scientists urged to take up farmer-oriented research IPL type auction for VCs? Modi storms Silicon Valley Revving up the manufacturing sector Multi-faceted Venkat IAS invades NDDB... Bihar elections - the Rajaji formula worked Welcome GST Odisha: spectacular win by Naveen Patnaik Muffled voices for merit… Padma Bhushan for A Ramakrishna Fortune 500 review L&T: focus on infrastructure and more infrastructure… A Grand Finale for SN’s MS centenary at the US… Five star activism stalls development activity Delhi Chalo... TN-leverage strength of BHEL, NLC... No Maha Koottani in TN... A glass full of corruption Welcome focus on core competence Convulsions in The Hindu Delhi returns to BJP Banning booze... An informal presentation - analytical, forward locking... Moily’s bold thrust Contrarian cousins R Sridhar steps down as CEO of Shriram Capital Sri Lanka votes for change CIPET hqrs to stay at Guindy – for the present? Land reclamation from sea appears cheaper! Increasing non co-operation of state leaders Streamlining mandatory third party cover Funding the un-funded CRS, a jewel among managers, is no more. Why land prices zoom in TN? Inflation: are we emulating Argentina and Brazil? No engine for this car Tribute – M V Murugappan Noble nonagenarians... Quality silica from Neyveli Excel Generators provide the vital back-up A rich pool of talent not utilised…. Colour-Chem’s colourful KRVS Modi and the lady Make standards certification mandatory... Robber barons everywhere Maximising the micro pricing … A Grand Finale for SN’s MS centenary at the US… The ‘Ayyo-yes’ is no more Marketing expert Balagopal is no more Paytm karo... Editor's Notes ONGC at KG Basin Waning interest in public discussions… When the President was rendered homeless… L&T- the specialty of special purpose vehicles There was flood of milk. Reason: no milk commissioner! When nations steal growth from one another… EEC at the National Media Centre Kudos to NDTV... Strengthen the base... GM Technology at last! TGS- The king storyteller Whistle-Stop Tour of Raghuram Rajan Recognition to role of NBFCs.... Put expensive assets created to use... For whom the MIDS bell tolls? F C Kohli - his concerns all embracing Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated The Gulf aviation boom Liberal imports idling indigenous capacities More heat than light Adapt Vajpayee dinner diplomacy Sweeter prospects for sugar MHC should not return to its old indisciplined ways For whom the bell tolls? The few handicaps... Silver Years of Madras Musings Editor's Says Airlines in India: cost and space Tatas moving out of urea production... The Jan Dhan bonanza Should we change the official year? The Ports’ Pasha expands into Tamil Nadu Which side are you, Montek? TELANGANA at last…BUT The brown list of Venkitaramanan When TN politicians can emulate Kerala's More tributes to GR TN – agglomerate land holdings without alienating ownership IPL - no surprise this scam Focus on quality of power - its only around 170-180V Cleaning Ganga – relocate tanneries and install electric crematoria Naidu’s return augurs well for Seemandhra A C Muthiah – his munificent bequeaths to science CSR and CMI: promise of another Srinivasan Ramanujan... Remembering Indira Sivasailam... Russi Mody – a tribute The sea- saw battle continues... Fuel for thought Solar, solar everywhere … Road development slows down A think tank for Chennai Wise Presidents Diamond jubilee of Egmore Samskrt School Readers' Mail Boy, can you beat these? Protest masters... Not just in-laws (and outlaws); they’ve renowned academics at the helm! A friendly business group Revive development banks... Building loyalty through the stomach Kinetic Karnataka Bihar – Nitish Kumar adopts the Lalu model Cement prices continue to rise…
 
TIAM turns a full cycle

Tube Investments of India Ltd (referred to as TIAM), part of the Murugappa Group, pioneered the production of bicycles in the south six decades ago. Set up in collaboration with prestigious British companies like Tube Investments, Brampton Fittings, Wright Saddles… TI Cycles produced branded bicycles in higher value ranges. Along with Tube Products and TI Metal Sections, the Murugappa Group emerged a leader in the light engineering sector.

Its contemporaries, Sen and Pandit which manufactured Raleigh, Rudge and Humber brands of cycles and Hind Cycles, the oldest bicycle unit set up by the Birlas, turned sick, were nationalised and later closed down. TIAM changed its track, adjusted to emerging market needs, focused on high-end bicycles and became a leader in this segment. A recent annual report of TII referred to identifying ‘new class of consumers fast taking to the turf of cycling, health, recreation, environmental sensitivity, community of like-minded people’ as the new generation growth drivers. While the demand for conventional products stagnated or grew very slow (at 2 per cent last year), TI Cycles’ sales recorded a growth of 6 per cent resulting in increased revenue from cycles and components to Rs 1314 crore (Rs 1185 crore in 2013-14).

The company has manufacturing plants in Tamil Nadu and Maharashtra. A new bicycle plant is under construction at Rajpura, Punjab to cater to the Northern and Eastern markets.  I remember the acute competition faced by TIAM, Sen, Pandit and Hind Cycles, having their plants respectively at Chennai, Kolkata and Mumbai, from Hero Cycles, Avon Cycles and Road Master Industries in Punjab and Atlas Cycles in Haryana. The northern companies could offer bicycles with comparable quality at much cheaper prices. This eventually led to the closure of two of these. Even TIAM remained closed in the late 1960s for over 10 months.  

M V Subbiah, then heading the operations of TI Cycles in 1960s, re-structured the operations: phased out the costlier production of components, saddles… focused on higher end products and turned around the company. I remember the initial disdain of procuring components from Punjab on quality considerations. But soon, TI opened shop at Faridabad; in recent years it has been procuring components from China, now busy constructing a modern plant at Rajpura! A full cycle has been turned!

Replica Watches https://www.1-1clone.com

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com