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MRF (company)
MRF, or MRF Tyres, is an Indian multinational tyre manufacturing company and the largest manufacturer of tyres in India. It is headquartered in Chennai. The abbreviation MRF comes from the company's initial days when it was called as Madras Rubber Factory. The company manufactures rubber products including tyres, treads, tubes and conveyor belts, paints and toys. MRF was named the world's second-strongest tyre brand by Brand Finance, with a AAA− brand grade.
MRF is also active in cricket and motorsports endorsements; it runs the MRF Pace Foundation and MRF Institute of Driver Development (MIDD) in Chennai.
MRF was started by K. M. Mammen Mappillai as a toy balloon manufacturing unit in 1946 at Tiruvottiyur, Madras (now Chennai). In 1952, the company ventured into the manufacture of tread rubber. Madras Rubber Factory limited was incorporated as a private company in November 1960 and ventured into manufacture of tyres in partnership with Mansfield Tire & Rubber company based in Ohio, United States. The company went public on 1 April 1961 and an office was established in Beirut, Lebanon to develop the export market in 1964 and its current logo of the muscleman was born. In 1967, it became the first Indian company to export tyres to USA.
In 1973, MRF started manufacturing Nylon tyres for the first time. The company entered into with a technical know-how collaboration with B. F. Goodrich in 1978. The Mansfield Tire & Rubber Co sold out its share in 1979 and the name of the company was changed to MRF Ltd in the year. The company finalised a technical collaboration agreement with Marangoni TRS SPA, Italy for the manufacture of pre-cured tread rubber for retreading industry. MRF tyres supplied tyres to Maruti 800, India's first modern small car. In 1989, the company collaborated with Hasbro International, the world's largest toy maker and launched Funskool India. Also, they entered into a pact with Vapocure of Australia to manufacture polyurethane paint formulations and with Italian tyre manufacturer Pirelli for conveyor and elevator belt manufacture. During the year 2004–05, the product range of the company expanded with Go-kart & rally tyres and tyres for two/three wheelers.[citation needed]
The company also manufactures toys at its facility in Goa. The paints and coats are manufactured at two facilities in Chennai, Tamil Nadu.
Funskool India was established in 1987 in collaboration with Hasbro toys, US. Funskool manufactures and markets toys, board games among others. It has a manufacturing facility in Goa, India. The company has manufacturing licenses for toys and games from Disney, Warner Brothers, Rummikub etc. Funskool also has partnerships with renowned toy brands such as Hasbro, Lego, Hornby, Ravensburger, Tomy Toys, LeapFrog, Siku Jumbo, and New Bright for manufacturing and marketing in India.
MRF built its first Formula 3 car in 1997. MRF in collaboration with Maruti established the Formula Maruti racing, a single-seater, open wheel class motorsport racing event for race cars made in India. MRF Challenge is a Formula 2000 open-wheel motorsport formula based series organised by Madras Motor Sports Club in association with MRF. The latest season consisted of races organised at Madras Motor Racing Track, Chennai, Bahrain International Circuit, Losail International Circuit, Doha and Buddh International Circuit, Noida. Freddie Hunt, son of 1976 Formula One champion James Hunt and Mathias Lauda, son of 1975, 1977 and 1984 Formula One champion Niki Lauda both competed in the series. MRF has sponsored Indian racing drivers including Narain Karthikeyan, Karun Chandok, Ashwin Sundar, N. Leelakrishnan and Raj Bharath.[citation needed]
MRF is the first and only Indian manufacturer to have won the Team Championship at the prestigious FIA European Rally Championship, not once, but twice in 2022 and 2023.
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MRF (company)
MRF, or MRF Tyres, is an Indian multinational tyre manufacturing company and the largest manufacturer of tyres in India. It is headquartered in Chennai. The abbreviation MRF comes from the company's initial days when it was called as Madras Rubber Factory. The company manufactures rubber products including tyres, treads, tubes and conveyor belts, paints and toys. MRF was named the world's second-strongest tyre brand by Brand Finance, with a AAA− brand grade.
MRF is also active in cricket and motorsports endorsements; it runs the MRF Pace Foundation and MRF Institute of Driver Development (MIDD) in Chennai.
MRF was started by K. M. Mammen Mappillai as a toy balloon manufacturing unit in 1946 at Tiruvottiyur, Madras (now Chennai). In 1952, the company ventured into the manufacture of tread rubber. Madras Rubber Factory limited was incorporated as a private company in November 1960 and ventured into manufacture of tyres in partnership with Mansfield Tire & Rubber company based in Ohio, United States. The company went public on 1 April 1961 and an office was established in Beirut, Lebanon to develop the export market in 1964 and its current logo of the muscleman was born. In 1967, it became the first Indian company to export tyres to USA.
In 1973, MRF started manufacturing Nylon tyres for the first time. The company entered into with a technical know-how collaboration with B. F. Goodrich in 1978. The Mansfield Tire & Rubber Co sold out its share in 1979 and the name of the company was changed to MRF Ltd in the year. The company finalised a technical collaboration agreement with Marangoni TRS SPA, Italy for the manufacture of pre-cured tread rubber for retreading industry. MRF tyres supplied tyres to Maruti 800, India's first modern small car. In 1989, the company collaborated with Hasbro International, the world's largest toy maker and launched Funskool India. Also, they entered into a pact with Vapocure of Australia to manufacture polyurethane paint formulations and with Italian tyre manufacturer Pirelli for conveyor and elevator belt manufacture. During the year 2004–05, the product range of the company expanded with Go-kart & rally tyres and tyres for two/three wheelers.[citation needed]
The company also manufactures toys at its facility in Goa. The paints and coats are manufactured at two facilities in Chennai, Tamil Nadu.
Funskool India was established in 1987 in collaboration with Hasbro toys, US. Funskool manufactures and markets toys, board games among others. It has a manufacturing facility in Goa, India. The company has manufacturing licenses for toys and games from Disney, Warner Brothers, Rummikub etc. Funskool also has partnerships with renowned toy brands such as Hasbro, Lego, Hornby, Ravensburger, Tomy Toys, LeapFrog, Siku Jumbo, and New Bright for manufacturing and marketing in India.
MRF built its first Formula 3 car in 1997. MRF in collaboration with Maruti established the Formula Maruti racing, a single-seater, open wheel class motorsport racing event for race cars made in India. MRF Challenge is a Formula 2000 open-wheel motorsport formula based series organised by Madras Motor Sports Club in association with MRF. The latest season consisted of races organised at Madras Motor Racing Track, Chennai, Bahrain International Circuit, Losail International Circuit, Doha and Buddh International Circuit, Noida. Freddie Hunt, son of 1976 Formula One champion James Hunt and Mathias Lauda, son of 1975, 1977 and 1984 Formula One champion Niki Lauda both competed in the series. MRF has sponsored Indian racing drivers including Narain Karthikeyan, Karun Chandok, Ashwin Sundar, N. Leelakrishnan and Raj Bharath.[citation needed]
MRF is the first and only Indian manufacturer to have won the Team Championship at the prestigious FIA European Rally Championship, not once, but twice in 2022 and 2023.