TI Cycles of India
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TI Cycles of India is one of the leading bicycle manufacturers in India. Started in 1949 by the Murugappa Group and Sir Ivan Stedeford of Tube Investments Group in UK, TI Cycles is the maker of the country's most famous brands like Hercules, BSA and Philips cycles. They have manufacturing plants at Ambattur near Chennai, Nasik in Maharastra and Noida in Uttar Pradesh. Currently they are third largest cycle manufacturer in India and number one manufacturer in special segments like Mountain bikes, Sports Lite Roadsters, Racing bikes etc.. They have manufacturing capacity of around three million bicycles per year.
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