Toshniwal Industries Pvt. Ltd. (TIPL, as it is fondly called) was incorporated in 1959 with its Registered Office at Mumbai to manufacture Industrial Process Measurement & Control Instruments. The company was set-up under the aegis of Toshniwal Brothers Pvt. Ltd. (Estb. 1948) and the wisdom & guidance of its founding Chairman & Managing Director, (Late) Dr. G. R. Toshniwal, D. Sc. an eminent Scientist & Professor of Physics and his son (Late) Mr. M. G. Toshniwal, an Electrical Engineer from Dayalbagh Engineering College, Agra. The founders returned from Mumbai to their hometown, Ajmer to give life to their dreams and create opportunities for their beloved city, at a time when others were leaving their hometowns for Metros.