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flag MRF to build ₹5,300 crore greenfield tyre plant in Tamil Nadu, creating 1,000 jobs, after signing MoU.

flag MRF has signed a non-binding MoU with Tamil Nadu to build a ₹5,300 crore greenfield tyre plant in Sivaganga’s SIPCOT Industrial Park, pending government approvals and incentives. flag The project, expected to create around 1,000 jobs, aims to boost manufacturing in southern India. flag In its Q3 2025 results, MRF reported a 15% rise in total income to ₹8,175 crores and net profit more than doubled to ₹692 crores, driven by strong demand in OE and replacement markets, lower GST, and higher OEM production. flag The company sees growth potential in exports through ongoing trade talks with the EU and U.S.

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