MTF Tyre expands product portfolio

Meghna Innova Rubber Company, the company behind Bangladeshi tyre brand MTF Tyre, has expanded its activities into the truck and bus tyre and agricultural tyre segments. Local newspaper The Business Standard writes that the Meghna Group subsidiary has invested BDT13 billion (£85.3 million) into the project, with 80 per cent of the investment going towards new tyre building machinery.