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

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