MRF, India impacts by raw materials cost On May 10, MRF Limited announced that its standalone total income is INR 193 billion for the fiscal year ended March 31, 2022, as compared to INR 161.3 billion in the previous year. The standalone Profit before tax stood at INR 8.8 billion for the year, as against INR 17 billion for the previous financial year. Despite its best efforts, it has been unable to recover fully the raw materials cost increases. ...

News  Updated at: 2022/05/12

CCI imposes penalty on Indian tire manufacturers and their association On February 2, the Competition Commission of India announced that it has imposed a penalty on five tire companies namely Apollo Tires, MRF, CEAT, JK Tire and Industries, Birla Tyres, and their association Automotive Tire Manufacturers Association (ATMA) for indulging in cartelisation by acting in concert to increase the prices of cross-ply/bias tires variants sold by each of...

News  Updated at: 2022/02/03

MRF India updates about new product and technology development In its annual report for FY 2019-20, MRF Tires announced that it is working on a multipronged strategy, which includes reduction in CO2 emission by developing low rolling resistance (RR) tires. To further improve environmentally friendly nature of our products, it made some changes in the raw material mix for two-wheeler and passenger car tyres.   It is working on developing raw mat...

News  Updated at: 2020/09/16

MRF Tyre , India partially resumes operations On May 6, MRF India informed that it has partially resumed its operations in most of its plants with restricted manpower. Some of the stocking points have also partially resumed operations. The continuance of operations in these places however depends on directives of local authorities, issued from time to time, based on incidence of coronavirus (COVID-19) cases in the area concerned. The operations w...

News  Updated at: 2020/05/06

MRF introduces ‘Nylogrip Ezeeride’ for two-wheelers On April 12, MRF, India's largest tyre manufacturer introduced the ‘Nylogrip Ezeeride  Tyre’ the latest offering from MRF for Two Wheelers. Nylogrip Ezeeride tyre will be manufactured for motorcycle across categories from 100 cc to 750 cc and will be available as fitment for a wide range of OE brands and models in tube type and tubeless options for both rear and front tyre fitment. It...

News  Updated at: 2019/04/15

Tamil Nadu Global Investor meet 2019: PSA France, MRF, Eicher Motors sign investment MoU On January 24, Tamil Nadu Chief Minister informed that various automotive organizations have signed MoUs for investment in the state during the Tamil Nadu Global Investor Meet 2019. PSA France will invest INR 12.5 billion for manufacturing of Peugeot cars in Tiruvallore district. MRF Tyres will invest INR 31 billion for capacity expansion in Perambalur and Ve...

News  Updated at: 2019/01/31

MRF launches ‘Perfinza’ tyres for luxury cars in India MRF announced on August 31 the launch of a Perfinza range of premium tyres, a high speed rated tyres to step up its presence in the small but growing luxury car space.These tyres have been developed by the MRF’s in-house R&D team, and tested extensively in India, Germany and Spain in assorted conditions, according to a company statement.Perfinza tyres will cater to the 15- to 18-inch se...

News  Updated at: 2017/09/06

MRF Tyres exploring new generation materials for tyres In its annual report, MRF Tyres informed that during the last fiscal year, new generation materials were evaluated and adapted in the formulations to achieve special properties to meet the specific requirements of the customers and environmental concerns.In a step towards making the tyre production sustainable, it started R&D trails on using raw materials derived from environmentally sustaina...

News  Updated at: 2017/07/18

e Xuzhou Construction Machinery, Vedanta ltd.,CEAT Tyres, Fruedenberg, Germany and others are proposing to invest INR 150 billon in Tamil Nadu, creating employment opportunities for about 6500 persons.Further, for seven projects like Lotus Footwear, Apollo Tyres, ITC Ltd., TVS Motors, Saint Gobain, MRF ltd., Shenglong Bio Tech Pvt. Ltd., Embassy Logistic Park Foundation Stones have been laid. Tamil Nadu Government press release...

News  Updated at: 2017/05/13

MRF Limited to set up a new plant in Gujarat In a stock exchange filing on January 11, MRF limited informed about signing of a MoU with Gujarat Government to set up a new manufacturing plant in the state with an investment of INR 45 billion over a ten-year period. This plant will manufacture automotive tyre, tube, flaps and related products. The project will be funded by internal accrual. MRF limited stock exchange filing on January 11, 2017...

News  Updated at: 2017/01/11

BASF develops magnetorheological fluids for electronic tuning of power transmission BASF, a global chemical company based in Germany, announced on November 2 that it has developed and put on the market magnetorheological fluids (MRF), which enable power transmission to be tuned electronically. They are designed for use in engine mounts, clutches or shock absorbers of automobiles. ...

News  Updated at: 2009/11/04