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Madras Rubber Factory

#2590

Rank

$7.1B

Marketcap

IN India

Country

Madras Rubber Factory
Leadership team

Mr. K. M. Vinoo Mammen (Chairman & MD)

Mr. Arun Mammen (MD & Vice Chairman)

Mr. Rahul Mammen Mappillai (Managing Director)

Products/ Services
Innovation Management, Manufacturing, Plastics and Rubber Manufacturing, Product Design
Number of Employees
1,000 - 20,000
Headquarters
Chennai, Tamil Nadu, India
Established
1946
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
MRF.NS
Social Media
Overview
Location
Summary
MRF Limited, together with its subsidiaries, manufactures, sells, and trades in rubber products in India and internationally. The company provides rubber products, such as tires, tubes, flaps, and tread rubber; tires for trucks, farm vehicles, LCVs, SCVs, MCVs, three wheelers, pick up, two wheelers, passenger cars, and OTRs; and manufactures specialty coatings. It is also involved in the paints and coats, toys, motorsports, and cricket training businesses. In addition, the company operates MRF T&S, MRF TireTok, MRF Tyredrome, MRF FASST, MRF Musclezone, and shops that provide computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tyre changing, robotic wheel alignment, vehicle safety test lane, diagnostic wheel balancing, A/C recovery and recharging, headlight alignment, nitrogen generation, special two-wheeler tyre changing, credit card facility, wheels removal and refitment, and tyre mounting and de-mounting services. MRF Limited sells its products through approximately 5,000 dealer networks. The company was founded in 1946 and is based in Chennai, India.
History

Madras Rubber Factory was started by K. M. Mammen Mappillai as a toy balloon manufacturing unit in 1946 at Tiruvottiyur, Madras . In 1952, the company ventured into the manufacture of tread rubber. Madras Rubber Factory limited was incorporated as a private company in November 1960 and ventured into manufacture of tyres in partnership with Mansfield Tire & Rubber company based in Ohio, United States. The company went public on 1 April 1961 and an office was established in Beirut, Lebanon to develop the export market in 1964 and its current logo of the muscleman was born. In 1967, it became the first Indian company to export tyres to USA.In 1973, MRF started manufacturing Nylon tyres for the first time. The company entered into with a technical know-how collaboration with B. F. Goodrich in 1978. The Mansfield Tire & Rubber Co sold out its share in 1979 and the name of the company was changed to MRF Ltd in the year. The company finalised a technical collaboration agreement with Marangoni TRS SPA, Italy for the manufacture of pre-cured tread rubber for retreading industry. MRF tyres supplied tyres to Maruti 800, India's first modern small car. In 1989, the company collaborated with Hasbro International, 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 Italian tyre manufacturer Pirelli for conveyor and elevator belt manufacture. During the year 2004–05, the product range of the company expanded with Go-kart & rally tyres and tyres for two/three wheelers.

Mission
As a Five-Star business, MRF strives to manufacture world-class tyres, operate with the utmost integrity and honesty, serve passenger a well as commercial vehicles, provide superior customer service and stay competitive in the global tyre market.
Vision
MRF's vision is to become a global leader in the tyre business by offering state-of-the-art products with the highest levels of quality and service.
Key Team

Mr. Samir Thariyan Mappillai (Whole-Time Director)

Mr. Varun Mammen (Whole-Time Director)

Mr. Madhu P. Nainan (VP of Fin.)

Mr. S. Dhanvanth Kumar A.C.S., B.Com., M.B.A. (Company Sec. & Compliance Officer)

Mr. Raman Kumar M.Sc. (VP of Sales)

Mr. P. S. Subbarayalu B.E. (Sr. Gen. Mang. Special Projects)

Mr. P. J. Xavier B.Tech.(Mech.) (Exec. VP of R & D)

Recognition and Awards
MRF has won several awards for its strong performance and dedication towards technology, innovation and research, including the National Award for Outstanding Achievement in Quality from the President of India. It also received the prestigious Export Excellence Award from the Indian Government for the year 2016-17.
References

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Madras Rubber Factory
Leadership team

Mr. K. M. Vinoo Mammen (Chairman & MD)

Mr. Arun Mammen (MD & Vice Chairman)

Mr. Rahul Mammen Mappillai (Managing Director)

Products/ Services
Innovation Management, Manufacturing, Plastics and Rubber Manufacturing, Product Design
Number of Employees
1,000 - 20,000
Headquarters
Chennai, Tamil Nadu, India
Established
1946
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
MRF.NS
Social Media