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7/29/2019 part two (19-23)
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1.3.7. HISTORY OF MRF PVT LTD
1946
1949
1956
1952
1955
1961
1963
K.M.Mammen Mappilli
founded Madras rubber factory.
First production shed in
Tiruvattiyur which produced toy
balloons.
Although the factory was just a
small shed without any
machines, variety of products,
ranging from balloons and
latex-cast squeaking toys to
industrial gloves and
contraceptives, were produced.
During this time, MRF
established its first at 334,
thambuchetty street, Madras
(Chennai), Tamil nadu, India.
MRF ventures into the
manufacturing of Tread-rubber
and with that, the first machine,
rubber mill, was installed at the
factory. This step into tread
rubber manufacture was later to
catapult MRF into a league that
few had imagined possible.MRF soon became the only
Indian-owned unit to
manufacture the superior
extruded. Non-blooming and
cushion-backed tread-rubber,
enabling it to compete with the
MNCs operating in India at
that time.
The quality of the product
manufactured was of such a
high standard that by the close
of 1956, MRF had become the
market leader with a 5% share
of the tread-rubber market in
India.With the success achieved in
tread rubber MRF entered into
the manufacture of tyres. MRF
established a technical
collaboration with the Masfield
tire & rubber company of USA.
Around the same time, it also
became a public company. Itsetup a pilot plant for tyre
manufacture at Tiruvattiyur,
madras (Chennai).
On June 12 1963, Indias first
prime minister late pandit
Jawaharlal Nehru laid the
foundation stone for the rubber
research center at Tiruvattiyur
to commemorate the
inau urations of the factor .
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1973
1979
1978
1971
1980
1983
1970
Establishes factory in kottayam
for manufactures of tread-
rubber tubes etc.Establishes factory in goa
manufactures of truck t re.
1972
Establishes arakkonam factory
cycle tyres, two wheeler tyres
produce hundred different type
of t res.
Builds India first nylon car tyre.
Mrf scored a major
breakthrough by being among
the very first in India to
manufacture and market nylontyres passenger tyres
commercially.
MRF developed the MRF super
lug-78, a sturdy tyre for heavy
duty trucks. The tyre was a
significant improvement over its
existing products, and went on
to become the countrys largest
selling truck tyre in latest years.Company reaches Rs. 100cr
turn over.
Establishes technical
collaboration with
GOODRICH, USA. Company
name changed from factory to
the acronym MRF. MRF took a
major decision to be aggressive
on the racing circuits.
MRF began a rapid product
development program for new
vehicles entering India.
1964
1967
With the commissioning of the
main plant in 1964, MRF also
made progress in the export of
tyres. An overseas office at
Beirut (Lebanon) was
established to develop the
export market, and it was
amongst. Indias very first
exports on tyre exports, this
year also marked the birth of the
new famous MRF muscleman.
MRF became the first India
Company to export tyres to
USA the very birthplace of tyre
technology.
1984
Company touches Rs. 200cr
sales first fitment for
MARUTHI 800.
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1991
1989
1990
1992
1988
Establisher MRF pace
foundation institution to
develop pace bowlers, Dennis
little as its director. Not long
thereafter, pace bowlers trainedat the foundation were selected
for the Indian cricket team,
Visvesvaraya award for best
business house in south India.
Harvard business school award.
Established FUNSKOOL.
Established tie up with
VAPOCURE, AUSTRALIA.
Manufacture MRF zigma radial.
Established exports over 55
countries. Builds the balancing
tyre DROME
MRF brought the 6t world
boxing championship to
Mumbai. The first of its kind
with 39 countries participation.
The event was telecast lie on
TV network worldwide.Establishes conveyer belt pant.
Starts new corporal office.Touches 1000cr mark.
Chairman and MD Mr.K.M.
Mammen mappillai were
awarded with PADMASHREE.
The company was voted by the
far eastern economic review, as
one of the ten leading corporate
groups in India and a leader inAsia.
MRF also became the first tyres
company in India to cross the
INR 10 billion mark. In
addition, MRF was selective as
one of the Indias most.
Admired marketing companies
by the readers of the A&M
1985
1986
1987
MRF nylon grip tyres for two-
wheeler vehicle were launched.
Company touches 300cr
turnover. Established itself as
no 1 tyre company in India.
MRF legend, the premium
nylon car was introduced.
Pitted against 20 tyre
companies worldwide. MRFwins the national institute of
quality assurance award.
1993
1995
The companys turnover
crossed INR 15 billions. MRF
was chose for fitment on the
Daewoo cielo. This year too
MRF was voted by the far
eastern economic review as one
of the 10 leading Indiancom anies.
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1999
2000
2002
2004
MRF was declared the most
ethical company by business
world magazine in its survey.
MRF launched the smilecampaign on Indian roads. MRF
launched the Smile campaign
on Indian roads. MRF Launched
ZVTS tyres for passenger cars
Turnover crossed 2300cr. The
MRF Nylongrip Zapper for
two-wheelers is launched. MRF
wins the JD Power award
MRFs turnover crossed INR
30 billion mark.
2006
2008
2007
MRF's turnover crosses the
5000 crore markAustralian PM visits the MRF
Pace Foundation. MRF
launches the Super Lug 505 - A
premium mileage, rear fitment
truck tyre for national highway
operations on rated roads
MRF launches ZSLK tyres.
MRF wins the JD Power award
again for the 6th time.
1997
1996
In the golden jubilee year,
MRFs turnover crossed the
INR 20 billion milestones. MRF
tyres were also chosen for
fitment on the Ford Escort, Opel
Astra and Fiat OnoEstablished Pondicherry factory
established export house (MRF
international Ltd.) MRF
launches its first ever F3 car.