MRF, which is the largest tyre maker by capacity of the country, is going to invest Rs 4,500 crore in a green field manufacturing plant based in Gujarat.

The plant, that is going to involve investments spread over a period of ten years, will be making automotive tyres, tubes, flaps and related products.

The company has said in a release that the new plant will be set up in Gujarat with the intention of broad-basing the company’s manufacturing facilities across India.

The project is going to get funded through internal accruals or debt or a mix of both.

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