Recent forays by Tube Investments into the electric mobility market include the creation of TI Clean Mobility, a new subsidiary, with an initial investment of Rs.2 billion and the purchase of Cellestial E-Mobility, a producer of electric tractors, for a controlling share of Rs.1.6 billion. The company already has 40 or so distribution outlets, which it plans to expand to 100 by the end of 2022 by means of an exclusive or extensive distribution network, service network, and access to B2B channels for density rollout.
Contact: Tube Investments
Tel: 044-4217 7770
Website: www.tiindia.com