Total Productive Maintenance (TPM) is really an economical method by means it will be able to keep up with the shrub, machinery/ gear in addition to resources inside rewarding condition throughout minimum expense. Well retained machineries leads to productivity. With the companies who are into the foundry industry, the TPM quality policy is to consistently provide superior quality products and services, surpassing customer expectations on time at affordable prices. The main objective is that to study the roles of various people involved in the TPM and to identify the tangible and intangible benefits of TPM. For this a sample of 130 was collected from the respondents were analysed by descriptive statistics, regression analysis, Kruskallwallis, Rank correlation, and SEM analysis. The conclusion is that the TPM is effectively implemented with the organisation and further slight changes have to be made which leads to cost effectiveness towards the company.