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<tr><td colspan=10 align=center width=100%><b><font size='3'>Company : MRF

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class=tdCenterHeader colspan='4'>Company History </TD></TR><tr><td
colspan='2'class='notesblack' style='padding-left:10px;padding-right:5px;'>MRF Ltd
is India's No.1 tyre manufacturing company. The company is engaged in the
manufacturing of rubber products, such as tyres, tubes, flaps, tread rubber and
conveyor belt. The company's manufacturing facilities are located at Tiruvottiyur
and Arakonam in Tamil Nadu, Kottayam in Kerala, Ponda in Goa, Medak in Andhra
Pradesh and Union Territory of Pondicherry.<p><p>MRF Ltd was established in the
year 1946 by K M Mammen Mappillai as a small toy ballon unit. Much later in
November 1960, the company ventured in manufacturing of tyres by entering a
technical collaboration with Tire & Rubber company, USA. In the year 1964, the
company commissioned their main plant. Also, they established an overseas office at
Beirut, Lebanon to tap the export market. In the year 1967, the company became the
first Indian company to export tyres to USA.<p><p>In the year 1980, the company
entered into a technical collaboration with the B. F. Goodrich Tyre Company, USA
that paved the way to a significant exercise in new product development and quality
improvement. They introduced Nylogrip tyres for two-wheeler vehicles and also
introduced Legend, a premium segment nylon car tyre in the year 1985 and 1987
respectively.<p><p>In 1989 the company collaborated with Hasbro International USA,
the world's largest toy maker and launched Funskool India. Also, they entered into
a pact with Vapocure of Australia to manufacture polyurethane paint formulations
and with Pirelli for MUSCLEFLEX conveyor and elevator belting. In the year 1996,
they set up a factory dedicated entirely for the manufacture of radial tyres at
Pondicherry. In the year 1999, the company was selected as the most ethical company
in India by 'Business World' magazine. <p><p>In the year 2004, the company made a
tie up with Maruti Udyog to boost motorsports in India. During the year 2004-05,
the product range of the company expanded with Go-kart & Rally tyres and tyres for
two/three wheelers. The company received the TOP Export Awards from CAPEXIL as well
as AIRIA for the period ended 2005. <p><p>In the year 2007, the company launched
premium truck tyre Super Lug 50-FS. In May 2008, the company signed the memorandum
of understanding (MoU) with government of Tamil Nadu for the new MRF plant to be
located at Perambulur and also for expansion of their existing plants in Tamil
Nadu. <p><p>During the year 2009-10, the company increased the installed capacity
of Automobile Tyres from 28,450,000 Nos to 31,700,000 Nos. Also, they increased the
installed capacity of Automobile Tubes from 29,700,000 Nos to 31,600,000 Nos. They
launched two popular tyres, namely MRF Meteor, a bike tyre for both tarmac and
dirt; and the MRF Steel Muscle S3K4 truck radials for better mileage on diverse
road conditions. Also, they completed the Ankenpally project at Medak district,
Andhra Pradesh. <p><p>During the year, the company won the All India Rubber
Industries Association's (AIRIA) award for 'Highest Export Awards (Auto Tyre
Sector)' category and 'Top Export Award' from Chemicals & Allied Products Export
Promotion Council (CAPEXIL) for 2009-10.<p><p>During the year 2010-11, the company
launched new products namely MRF Z.L.O, MRF Meteor M and MRF Steel Muscle 53C8. The
company hived off the Speciality Coatings division to MRF Corp Ltd, a 100%
subsidiary of the company with effect from April 1, 2011. Also, the company won the
All India Rubber Industries Association's (AIRIA) award for 'Highest Export Awards
(Auto Tyre Sector)' category and 'Top Export Award' from Chemicals & Allied
Products Export Promotion Council (CAPEXIL) for 2010-11.<p><p>The company's new
plant at Perambalur, near Tiruchirapalli in Tamil Nadu will be operational in 2012
with an initial capacity of 3.5 lakh truck and car radials.<p><p>In 2014, the
company, has been Awarded for continued outstanding performance in Original
Equipment Tire Satisfaction. The company also signed historic five-year agreement
with the BCCI. The company announced its association as Global Partner for ICC
Cricket World Cup 2015. The company Ranks highest in overall customer satisfaction
for a 5th consecutive year, according to JD Power Asia Pacific 2014.<p><p>In 2015,
the company has signed a Memorandum of Understanding (MoU) with the Government of
Tamil Nadu to invest 4500 crore in Tamil Nadu. The company gets a place in The
Forbes India's Super 50 list of Indian Companies.</td></tr></TABLE></td>
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