MRF is planning capacity expansion of
tyres at its three factories - Medhak (Andhra Pradesh) Puducheri and Arakkonam
(Tamil Nadu). The project will entail an investment of Rs.500-600 crore for over
a period of two years.
At its Puducheri facility the company
is expanding its radial tyre capacity from its existing 3 lakh tyres to four
lakh tyres. At Medhak, the company was planning to raise the capacity of light
commercial vehicle tyres to close to one lakh numbers from the existing around
70,000-80,000 numbers.
MRF is also planning to increase the
two-wheeler tyre capacity at its Arakkonam facility by one lakh numbers from the
current five lakh numbers.