ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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MRF-Expansion Programme

EPW Research Foundation MRF Expansion Programme A MAJOR player in the truck tyre segment and a market Leader in car tyres, MRF is a well known brand all over the country. The company, which was the first Indian company to manufacture tyres in the country, has been rated as one of Asia's 200 most promising companies and figures among India's top 10 corporates. Despite the fact that it is the only domestic tyre manufacturer without a foreign collaborator, the company has been giving multinationals such as Michclin, Goodyear and Bridgestone a run for their money in the Indian tyre market. MRF has a 20-22 per cent share in the Rs 8,000-crorc Indian tyre industry and caters to a wide range of vehicles from tractors to animal-drawn vehicles. Truck and bus tyres, however, account for 60 per cent of the company's turnover.

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