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ORGANIZATION ANALYSIS OF
MRF
BY
JEREL JOHNSON
CONTENTS
INDUSTRY PROFILE
SALIENT FEATURES
COMPANY PROFILE
ORGANIZATION STRUCTURE
SWOT ANALYSIS
INDUSTRY PROFILE
Emerged in 1932
Net worth of 20000 cr INR
CAGR 7.7
Market constituents
95 % Controlled by 10 large manufacturers
Major market players
SALIENT FEATURES
Adaptability and absorption
Innovative
EXPORTS
Technical progression
Wide product range
Indigenous and easy availability
COMPANY PROFILE
MISSION
To be a significant global player delighting
customers world wide through
- Leadership in technology
- Excellence in manufacturing
- world class systems
driven by a team of motivated high performers to
achieve profitable growth
HISTORY
1946 - Established in Thiruvuttiyoor
1952 - Tread rubber production
1961 - Tyre manufacturing
1964 - Began exporting tyres
1970 - Kottayam plant
1979 - Crossed 1 bn INR
1984 - 2 bn INR
2006 - 50 bn INR
ORGANIZATION STRUCTURE
FINANCIAL HIGHLIGHTS
WELFARE MEASURES
Medical schemes
Voluntary Retire Scheme
Counselling cells
Free tyre and tube scheme
Family welfare
Income generation schemes
Balavedi
SWOT
STRENGTH
Brand name
Excellent infrastructure
High quality products
Indigenously produced natural rubber
ISO certification
WEAKNESS
Tedious work procedures
Marketing department is only present at the corporate.
Growing competition
Less interaction between marketing and manufacturing.
OPPORTUNITIES
Pioneering tubeless tyre production.
Increased support from media
Expanding cache of resources.
THREATS
Increasing competition
Lack of commitment
Increasing rubber prices
Fluctuating economy
Rapidly changing technology
Entrance of foreign players.
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