MRF said the management declared lock out at its manufacturing plant at Arkonam in Tamil Nadu effective 3.00 p.m. May 17, 2009, due to labour unrest in the factory.
The company manufactures wide range of tyres in India, enjoying the highest brand preference. It makes tyres for heavy duty truck, bus, light truck, passenger car to motor sports, rally cars, off the road earth movers, two and three wheelers, farm service and military service. It is the market leader and has 26% share in the Rs.1,900,000 million Indian tyre industry.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.