The company will initially invest Rs 900 crore for ramping its radial tyre capacity by 350,000 radial tyres with a plan to double the capacity to 700,000 tyres in the second phase.
"The plant at Perambulur, Trichy, will employ cutting edge technology by installing the latest equipments available for the production of radial tyres. This facility has been planned to provide a major thrust to MRF's production capacity, especially passenger and truck radials to keep pace with the rising demand in the automobile industry", the company said.
This will be the companys' third plant in the state. Outside Tamil Nadu, the company has manufacturing facilities at Puducherry, Kottayam, Goa and Medak.
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