MRF commissions phase-I of Rs 4,500 crore Gujarat plant

MRF has announced partially commissioning Phase 1 of its Greenfield unit at Dahej Industrial area, Gujarat.

According to the leading tyre maker, its Gujarat project would be one of its largest and it had planned a capital outlay of Rs 4,500 crore. The new factory complex is expected to produce a million tyres a month.

The company plans to use the new factory at Gujarat to serve both the domestic and export demand, Gujarat’s emergence as an automotive manufacturing destination was also a key factor.

It is to be noted that Gujarat is now home to top car factories of Tata, Ford, Maruti Suzuki, Honda and two wheeler units of Honda and Hero, among others.

Image Credit : bsmedia.business-standard.com

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