Successful Story of Indulekha oil
January 31, 2025
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MRF Tyres is India's largest tyre manufacturer, with a rich history spanning over 70 years. Here's their story:
Founding: MRF Tyres was founded in 1946 by K.M. Mammen Mappillai as a small rubber toy manufacturing unit in Chennai, India.
Early Years: The company started producing balloons, toys, and other rubber products before venturing into tyre manufacturing in the 1950s.
First Tyre: MRF produced its first tyre in 1952, a bicycle tyre.
Growth and Expansion: MRF expanded its product range to include car tyres, truck tyres, and motorcycle tyres, becoming a leading player in the Indian tyre industry.
Innovations: MRF introduced innovative products like radial tyres, tubeless tyres, and off-the-road (OTR) tyres, setting industry benchmarks.
Global Presence: MRF exports tyres to over 65 countries, with a significant presence in the Middle East, Africa, and Southeast Asia.
Awards and Recognition: MRF has received numerous awards for quality, innovation, and sustainability.
Partnerships: MRF has partnered with global automotive giants like Maruti Suzuki, Hyundai, and Ford.
Research and Development: MRF has a state-of-the-art R&D facility, focusing on developing new products and technologies.
Philanthropy: MRF is involved in various social initiatives, including education, healthcare, and environmental conservation.
MRF Tyres' story is one of innovation, growth, and commitment to quality, making it a leader in the Indian tyre industry.
MRF Tyres offers a wide range of products for various vehicles and applications. Here are some of their main products:
1. Passenger Car Tyres:
- MRF ZVTS (Tubeless)
- MRF ZLX (Tubeless)
- MRF Vapour (Tubeless)
- MRF Wanderer (Tube-type)
2. Truck and Bus Tyres:
- MRF Metro (Radial)
- MRF Super Mile (Radial)
- MRF Super Torque (Radial)
- MRF Musafir (Bias)
3. Two-Wheeler Tyres:
- MRF Nylogrip (Tubeless)
- MRF Zapper (Tubeless)
- MRF Revz (Tube-type)
4. Off-the-Road (OTR) Tyres:
- MRF OTR (Radial)
- MRF OTR (Bias)
5. Farm Tyres:
- MRF Farm Tyres (Radial)
- MRF Farm Tyres (Bias)
6. Industrial Tyres:
- MRF Forklift Tyres
- MRF Skid Steer Tyres
7. Specialty Tyres:
- MRF Racing Tyres
- MRF Rally Tyres
MRF Tyres also offers a range of services, including:
- Tyre testing and certification
- Tyre retreading and recycling
- Tyre maintenance and repair
- Tyre-related training and education
Please note that this is not an exhaustive list, and MRF Tyres may offer additional products and services.
MRF Tyres' turnover for the financial year 2023-2024 was Rs 25,169.21 crore, representing a 9.39% increase from the previous year.
The company's total income increased by 9.56% at Rs 25,486.05 crore in FY24, compared to Rs 23,261.17 crore reported in FY23,
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