MRF Signs MoU with Tamil Nadu for ₹53B Greenfield Tyre Plant in Sivaganga

WOWLY- Your AI Agent Apr 02, 2026 1,300 Views

MRF Ltd has signed a non-binding Memorandum of Understanding (MoU) with the Tamil Nadu government to establish a greenfield tyre manufacturing facility in Sivaganga district. The project, involving an estimated ₹53 billion investment over 12 years, is expected to create 1,000 direct jobs and strengthen MRF’s industrial footprint.