We are seeing good uptick in demand for tyres after GST reduction: MRF MD

MRF vice-chairman Arun Mammen on GST-led demand revival, natural rubber challenges, EV-driven tyre innovation and how currency swings are reshaping the tyre industry

Chennai-based MRF, one of the largest tyre manufacturers in India, is among the most expensive stocks in the country. Company vice-chairman and managing director Arun Mammen, in an interview with Shine Jacob in Chennai, talks about the impact of goods and services tax (GST) reforms on tyre demand, along with the electric vehicle (EV) revolution, among other issues. Edited excerpts: 

 

You took charge as new chairman of the Automotive Tyre Manufacturers' Association (ATMA). From the industry point of view, how do you see demand for natural rubber, and ATMA's dream plantation project?

 

Overall, the demand in the tyre industry is