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MRF is eyeing greenfield projects

Thursday, 19 Apr 2007
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MRF plans to invest between Rs.500 crore and Rs.600 crore and even Rs.1,000 crore and more in expanding the capacities at the existing production facilities by 2009. The company is also looking at two greenfield projects of which one could be in Tamil Nadu and the other possibly in the North.

MRF had earlier stated that the radial tyres capacity at Puducherry will be tripled to 3 lakh a year, 2-wheeler tyres capacity at the Arakonam plant increased to 6 lakh and also the Medak plant's commercial vehicle tyres to 1 lakh a year.

Also See:
MRF plans Rs.500 crore capacity expansion (21-Dec-06)

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