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