MRF, a multi-national tyre manufacturer based out of Chennai, is considering a plan to invest ₹1,000 crore on expanding its Sangareddy facility in Telangana.
Telangana IT and Industries Minister K T Rama Rao has said that he met Arun Mammen, Vice-Chairman and Managing Director of MRF India.
“He has informed that they have decided to invest ₹1,000 crore into expanding their facility in Telangana. They are also planning to set a new specialty assembly line at its plant in Sangareddy district,” the Minister has said in a statement.
Mammen has donated ₹4 crore for ‘Mana Ooru - Mana Badi’ (Our Village - Our School) initiative that seeks to revamp the school infrastructure in the State.