MRF to invest Rs 90 crore on new plant in Tamil Nadu

With the new manufacturing facility, MRF will have a total of three plants in Tamil Nadu

Tyremaker MRF Ltd has announced that it has signed an agreement with the Tamil Nadu state government to set up a radial tyre facility in Perambulur, and for the expansion of two of its existing plants in the state. MRF has two other factories in Tamil Nadu, at Tiruvattiyur and Arakonam.

The company said it planned to invest Rs 90 crore towards setting up the new facility, and is acquiring nearly 290 acres of land for the plant. The Perambulur facility is expected to have a total capacity of 700,000 radial tyres.

Tags:  

Leave a reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>