TI Clean Mobility to roll out electric three-wheeler, tractor this year
TI Clean Mobility, part of the diversified conglomerate Murugappa Group, will unveil its electric three-wheelers and tractors under its Montra brand this year, a top company official said on Monday.
TI Clean Mobility is a wholly-owned subsidiary of Tube Investments of India, a Murugappa Group company.
The company has earmarked Rs 200 crore for the new venture, which will manufacture its products locally to serve the domestic market initially, Tube Investments of India Executive Chairman Arun Murugappan said here.
