MRF Ltd announced on Wednesday that it has partially resumed operations at most of its plants with restricted manpower of course. The announcement comes as the nationwide lockdown is being eased in several parts of the country and industries have begun to get back on their feet.
The company had taken the decision to temporarily close its operations all over India on March 25. This meant its head office, sales offices as well as plants were all shut to comply with the COVID lockdown.
"We would like to state that based on various relaxations and guidelines issued by the Ministry of Home Affairs, Government of India and by the respective state governments and permissions from local authorities, the company has partially resumed its operations in most of its plants with restricted manpower,"MRF Ltd said in a regulatory filing.
Also See: COVID-19: MRF Shuts Plants, Sales Offices In India
Some of the stocking points have also partially resumed operations, it added. "The continuance of operations in these places, however, depends on derivatives of local authorities, issued from time to time, based on the incidence of COVID-19 cases in the area concerned," the company said.
The operations will be scaled up as and when authorities relax the restrictions imposed on the operation, the company said.
About MRF: MRF Limited (MRF) is an Indian multinational and the largest manufacturer of tyres in India and the fourteenth largest manufacturer in the world. It is headquartered in Chennai, India. In 1993, the company became the first tyre company in India to cross the INR 10 Billion mark. MRF has won the JD Power award along with the TNS and CAPEXIL award for being the most reputed tyre company in the country. MRF is a leading name on the map of the global tyre industry, and customers have been trusting the brand since the day it launched its first product in the industry. The brand manufactures two-wheeler, four-wheeler tyres and tyres for trucks or buses and is well-recognized for outstanding and optimum quality.
