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Our journey is driven by a vision to transform the way people and businesses move. With our strong foundation in Isuzu and our new partnership with Montra Electric, we are creating a powerful ecosystem that combines reliability, performance, and sustainability.
Montra Electric is redefining mobility through innovative, sustainable, and customer-focused solutions, while Isuzu continues to set benchmarks in versatile and robust Special Purpose Vehicles. Together, we are building smarter, greener, and future-ready mobility solutions for communities and businesses across Gujarat.
For us, this is more than introducing new products, it is about driving a movement for innovation, sustainability, and progress. With every step forward, we are paving the way for a cleaner, more connected tomorrow.
Montra Electric, part of the Murugappa Group, aims to redefine mobility with innovative and eco-friendly electric vehicles. We launched our electric three-wheeler portfolio in 2022, becoming a leader in sustainable commercial mobility. With a workforce of over 3,000, a dealer network spanning 250+ locations, and production facilities in Chennai and Manesar, we drive progress and purpose for a greener future.
As a subsidiary of Tube Investments of India (TII), a leader in engineering and manufacturing, TI Clean Mobility specializes in 3-wheelers (Last Mile Mobility), tractors, SCVs and HCVs, contributing to reduced carbon footprints. Backed by the Murugappa Group’s 125-year legacy of excellence and innovation, we are committed to fostering creativity, collaboration, and sustainability while shaping the future of electric mobility.
Money lending and banking business : Burma
Diversification : Textiles Rubber plantations Insurance Stock broking
Moved to India Investments in emery paper and steel furniture
Enters the core industrial sector Pioneering Cycles business : TI Re-enter : Financial services sector
Acquisition : 200-year old E.I.D. Parry Expands : Agriculture and fertilizers business
Formation : Murugappa Group structure Going global : JVs with leading international companies
Expanding Global footprint Increasing touch points in cycles, farm inputs and general insurance
Leadership in most of the chosen businesses. Significant growth in adjacency businesses and acquisitions
Foray into Clean Automotive Business
125 years | Turnover: ₹74,220 crore | Market capitalization: ₹1,78,412 crore | 83,000+ people | Manufacturing Locations across 17 States & 11 Oversees.