| Type | Public (BSE: 532375) (NSE: TIPSINDLTD) |
|---|---|
| Industry | Music, Film production |
| Founded | 1975 |
| Headquarters | Mumbai, Maharashtra, India[1] |
| Key people | Mr. Kumar S. Taurani, MD |
| Products | Audio Cassette, Compact Disc, Laser Disc, Records, Video Cassette |
| Website | Official Website |
Tips Industries (BSE: 532375|NSE: TIPSINDLTD) is one of the largest corporate houses in the field of music and films.[2] Its main area of interest is music production, promotion and distribution, now also in films. It has the highest number of gold and platinum discs to their credit in comparison with any other record label in India. Its team of distributors serve more than 1000 wholesalers across the length and breadth of the country who, in turn, serve more than 4,00,000 retailers.[3]
It was established as 1975, as small shop in market of Lamington Road.[4] In 1975, the Taurani brothers used to trade in LP's (Long Playing Phonograph Records) for three of the biggest companies in India - HMV (now Saregama), Music India (now Universal Music Group) & CBS (now Sony Music). In 1990, It set up its first manufacturing facility at Palghar, Thane.[5]