Tube Investments Of India Ltd: Tube Investments of India forayed into the electric vehicle business with the acquisition of 65.2% stake in IPLTech Electric Pvt Ltd to become an original equipment manufacturer (OEM) of zero-emission vehicles and participate in the entire productive end of EV spectrum.
According to Tube Investments Managing Director Mukesh Ahuja, in the tractors seg-ment, TICMPL plans to introduce three different variants in four wheel drives for differ-ent segments during FY23-24
Murugappa's TI Clean Mobility to raise Rs 1,050 crore, roll out 55-tonne truck thestatesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestatesman.com Daily Mail and Mail on Sunday newspapers.
Murugappa group's electric vehicle (EV) arm TI Clean Mobility Private Limited (TICMPL) will roll out 55-tonne truck at its Manesar facility in Haryana and electric tractors out of its plant here, said top officials of parent company Tube .