MRF Tyres planning to increase production

MRF Tyres is planning to increase production capacity at all eight manufacturing facilities across India.

MRF plans to invest around Rs. 4,000 crore over the next three years for this expansion plan. Additionally, apart from increasing production of the current range of tyres, the brand is looking at introducing new products as well.

MRF currently offers tyres across every segment of automobiles in India including two-wheelers, passenger cars, SUVs, commercial vehicles etc.

Source – ET Auto