TI Cycles, a unit of Tube Investments of India Ltd. is a bicycle manufacturer based in India. The company was established in the year 1949 by the reputed Murugappa Group and Sir Ivan Stedeford of Tube Investments Group in UK, TI Cycles is the maker of brands like Hercules, BSA and Philips brand of cycles.
Presently, TI Cycles is the largest cycle manufacturer in India and retains Numero Uno when it comes to manufacturing of special segments like Mountain bikes, Sports Lite Roadsters, Racing bikes etc. It has manufacturing capacity of around three million bicycles per year.
The company primarily makes carbon steel bicycles, which are starter bikes representing the lowest end of their value chain. Aluminium bikes, which are lighter and used by amateur bikers, are in the mid-range in terms of price and performance.
TI cycles has decided to set up a manufacturing facility in order to produce aluminium frame bicycles, as it is looking forward to ramp up its performance product range.
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