MRF mulls 1000 Cr expansion in Telangana!

Leading Tyres Company, MRF had announced that it is planning to expand its Sadasivapeta Plant in Medak district. The company is planning to invest 1000 Crore in this facility for increasing the manufacturing capacity. MRF has two more plants in Medak district.

Plans are also on to expand the plants capacity in near future. The company is planning to invest 4000 Crore in the next three years for the expansion of all its plants in Telangana. The company already sent its proposals to the Telangana government regarding Sadasivapeta Plant and is waiting for the government’s approvals.

MRF has 10 manufacturing plants across the nation. The company manufactures 1.2 Lakh tyres per day from all its plants and is already a market leader in this segment. This new expansion plans will further increase the company’s manufacturing capacity.