Chennai, 6 th September 2022: TI Clean Mobility, a subsidiary of ‘Tube Investments of India: A
Murugappa Group Company’, launched Montra Electric 3W Auto in Chennai today. The launch of this
3W Auto marks the brand’s entry in the electric space. The new vehicle is set to revolutionize the last
mile mobility sector of India, with its distinct looks, powerful performance and robust build quality.
Mr. Arun Murugappan, Executive Chairman, Tube Investments of India, said “Montra Electric 3W will
mark a new phase of growth and innovation for us. We’ve invested our best resources and time to
develop this product. We are excited to see customer reactions. At TI Clean Mobility, we strive to deliver
products and solutions that makes business sense for our customers and us. With Montra Electric we
strive towards carbon neutrality. Electric 3W is one of the EV segments with the biggest growth
potential. This segment is one that will have a significant impact on India's effort to achieve net zero
carbon emissions by the year 2070. We believe it is our duty, as a clean mobility pioneer and indigenous
business house, to collaborate with the Indian government to help realize its vision for a sustainable
future.”
On the product, Mr. KK Paul, MD, TICMPL said, “Montra Electric 3W is packed with innovation and
several industry-firsts. It houses category best 10 kWh battery pack, delivering superior range of 197km
(ARAI Certified) and 155+/-5km (Typical Range). Industry best peak torque of 60 Nm and a top speed of
55kmph. Equipped with industry first multi drive modes for better economy along with Park Assist Mode
for better maneuverability through city traffic. Safety & Endurance is our top priority, the Montra
Electric 3W is manufactured with superior materials, delivering complete peace of mind. This segment-
leading performance is complimented with super comfort using double fork front suspension, car like
driver seat & better cushioning. The Montra Electric 3W has all the space you need for driver and
passenger with a category-defining boot space for luggage. Comes loaded with telematics and state of
the art apps for both Driver and Commuter, available in English and vernaculars. It is as easy to own as it
is to ride with digital financing, 24 x 7 roadside assistance, 2 year extended warranty option & 3 year
AMC”.
Manufactured in TI Clean Mobility's facility in Ambattur, Chennai, the Montra Electric 3W will be made
available in phases across the nation, starting South.
The price of the Montra electric 3W range will start from INR 3.02 Lac* (Ex-showroom post-subsidy, 7.66
kWh) and will be made available in 100+ dealerships across the nation.
About TI Clean Mobility Private Limited:
TI Clean Mobility Private Limited, is a wholly-owned subsidiary of Tube Investments of India Ltd formed
effective 12th Feb 2022 with the objective of driving focus into Clean Mobility. As part of its business
plans, the company ventured into manufacture and marketing of Electric Three Wheelers in the
Passenger and Cargo Segments under the brand name ‘Montra Electric’.
About Murugappa Group:
Founded in 1900, the INR 547 Billion (INR 54,722 Crores) Murugappa Group is one of India's leading
business conglomerates. The Group has 29 businesses including ten listed Companies traded in NSE &
BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd.,
CG Power and Industrial Solutions Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam
Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd.,
Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry
Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd. and Wendt (India) Ltd.
The Group holds leadership position in several product lines including Abrasives, Technical Ceramics,
Electro Minerals, Auto Components & Systems, Power Conversion Equipment, Transformers & Reactors
for the Power T&D segment, Solutions for Railways in Rolling Stock & Signalling Equipment, Bicycles,
Fertilisers, Sugar, Tea and Spirulina (Nutraceuticals). The Group has forged strong alliances with leading
international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan
Advanced Materials, Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide
geographical presence all over India and spanning 6 continents.
Renowned brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Rhodius, Parry’s, Chola,
Gromor, Shanthi Gears and Paramfos are from the Murugappa stable. The Group fosters an
environment of professionalism and has a workforce of over 59,000 employees.
