To improve the adaptability to complex shaped products, TiC particulates (TiCp) reinforced high-manganese steel matrix (TiCp/HMS) composites were prepared by the squeeze casting infiltration method, and the microstructure and the mechanical properties of the composites were investigated, with different TiCp volume fractions (35%, 50%, 65%). Water glass was applied as binder in the TiCp preforms, in which iron powder was added to adjust the TiCp fractions, and Si powder to activate the bonding of TiCp/steel interface. The results showed that with the increase of the volume fraction, the hardness of the composites increases gradually, with the highest reaching 60.7 HRC at 65 % TiCp, which is 2.7 times that of the matrix. However, the bending strength decreases gradually, with the maximum 439.0 MPa obtained at 35% TiCp. The impact toughness of the composites changes slightly. Due to the use of water glass, brittle glass phase is formed at the TiCp/steel interface, which reduces the mechanical properties of the composites. The addition of Si powder can improve the comprehensive mechanical properties of the composites.