MRF was originally started as a small manufacturing unit of balloons, latex cast squeaking toys and industrial gloves. It was only in the year 1961 that the company started manufacturing tyres. Today, MRF has 6 manufacturing plants in India located in Tiruvottiyur and Arakonam in Tamil Nadu, Kottayam in Kerala, Ponda in Goa, Medak in Andhra Pradesh, and one in the Union Territory of Pondicherry. It has a distribution network of more than 2,500 outlets in the country and exports tyres in over 75 countries globally. The company established its first office in 1949 at Chennai, Tamil Nadu. It has overseas offices in United Arab Emirates, Bangladesh and Vietnam. MRF manufactures the largest range of tyres in India and it has 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 per cent share in the Rs 19,00000 million Indian tyre industry. Funskool India is a joint venture between MRF and Hasbro Inc., USA, the world`s largest toy company. Funskool`s Goa plant has been making its own moulds for a number of its products, the most popular of which are Pipsqueaks, a range of low priced baby toys. MRF collaborated with PIRELLI to manufacture Conveyor Belting. The MRF Conveyor Belt plant in Arkonam, Tamil Nadu, with an annual capacity of 3000 tonnes, is the most modern belting plant in India. The company also has a paints and coating subsidiary. It manufactures speciality coatings for wide range of applications like Metalcoat, Woodcoat Glasscoat etc. MRF made a foray in retreading as far back as 1970. MRF Pretreads is the most advanced Precured Retreading system in India. MRF made a foray in retreading as far back as 1970. In the MRF Pretreads system, the tread rubber is precured from MRF`s factory. It also has the specialised expertise required for retreading Radial Tyres. The company is an original equipment supplier (OES) of radial tyres to Tata Indica, Hyundai Elantra, Ford Fiesta and many other cars. Volvo also sources most of its tyres from MRF for its Indian operations.