MRL Tyres opens second warehouse in India
MRL Tyres opens second warehouse in India
The warehouse will house tires that will serve both the domestic and import markets. MRL said it customer bases includes more than 90 countries.
MRL manufactures agricultural, industrial and other OTR-related tires. It has 1,700 SKUs, the company said, and is adding a new SKU every third day, according to Mr. Malhotra.
MRL, which opened a sales office last year in Dallas to serve the U.S. market, has expanded capacity at its plant in Greater Noida City over the past two years, according to Mr. Malhotra, providing more sizes for export. MRL added capacity for earthmover and loader tires in 2017 and is in the process of expanding its range of sizes for radial ag tires.
The company has a set goal to increase capacity by 33 percent by year-end. In 2017, Mr. Malhotra said approximately 7 percent of revenues were allocated on the research and development, separate from investments made to expand capacity.
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