MRF set to roll out aviation tyres

Thursday, 28 August 2008, 07:00 Hrs
Printer Print Email Email
Chennai: City-based tyre maker MRF is all set to roll out aviation tyres for defence aircraft, a top official said here Thursday. "MRF is the first Indian tyre manufacturer to have developed aviation tyres. The company's tyre for Chetak helicopter has got the airworthiness certificate and negotiations are on for rolling out tyres for other defence aircraft," MRF chairman and managing director K.K. Mammen told reporters here Thursday. Expressing the hope that the government would partly fund the initiative, he said the company could make aviation tyres at its Arokkonam facility near Chennai. MRF signed a memorandum of understanding with the Tamil Nadu government in May to set up a radial tyre plant in Perambulur district. The company will also expand its existing radial tyre plant at Arakonam. Both projects will require investments worth 9 billion ($209 million). The new plant will roll out 350,000 car and truck radial tyres in the first phase, which will be doubled in the second phase. ASked about the labour issues at its Tiruvottiyur plant in the city, he said most of the issues were settled. "If the remaining issues are not settled amicably then we may have to look for alternatives," he added.
Source: IANS
SPOTLIGHT
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..