Short Bio
MRF Tyres is an Indian multinational tire manufacturing company. MRF stands for Madras Rubber Factory, which was established in 1946 in Chennai, India. It is one of the largest tire manufacturers in India and is known for producing a wide range of tires for various vehicles. MRF Tyres offers tires for motorcycles, cars, trucks, buses, and various other vehicles.
Overview
Company Name: | Madras Rubber Factory |
Also Know as: | MRF |
Type: | Public |
Industry: | Tyres Rubber products |
Founded: | 1946 |
Founders: | K. M. Mammen Mappillai |
organization: | N/A |
Headquarters: | Chennai, Tamil Nadu, India |
Area Served: | Worldwide |
Revenue: | ₹23,261.20 crore |
Net Income: | ₹769 crore |
Number of Employees: | 18,000+ (2021) |
Website: | http://mrftyres.com |
History
MRF Tyres, originally known as Madras Rubber Factory, is founded by K. M. Mammen Mappillai in Chennai, India. The company initially focuses on manufacturing rubber products. By the 1950s MRF began manufacturing tread rubber, a key component used in retreading tires. This marked the company’s entry into the tire industry.
Services
MRF Tyres primarily specialises in the manufacturing and sale of tires for various vehicles. Their product range includes tires for motorcycles, cars, trucks, buses, and other commercial vehicles. Some of the key services provided by MRF Tyres:
- Tire Sales
- Tire Fitment
- Tire Maintenance and Repair
- Tire Retreading
- Customer Support
Founder
MRF Tyres was founded by K. M. Mammen Mappillai in 1946. K. M. Mammen Mappillai was an entrepreneur from Kerala, India, who established the Madras Rubber Factory (MRF) in Chennai (formerly Madras) with the vision of manufacturing quality rubber products.
Achievements
MRF Tyres has achieved several notable milestones and garnered recognition for its contributions to the tire industry.
- JD Power Award for the record 11th time in 2014
- All India Rubber Industries Association’s (AIRIA) award for ‘Highest Export Awards (Auto Tyre Sector)’
Future Plans
By creating low-rolling-resistance tyres, recycling end-of-life cycle tyres as raw materials for new tyres, promoting multiple retreaded tyres, and promoting essential tyre raw materials from environmentally friendly sources like biomass and waste, MRF hopes to reduce CO2 emissions.
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