Apollo Tyres has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh. The tyre major is keen to set up a state-of-the-art manufacturing facility in Andra Pradesh at an investment of Rs.525 crore. The proposed manufacturing facility will be the fifth plant of Apollo Tyres in India. The company has two plants in Kerala and one plant[Read More…]

Apollo Tyres has decided to invest a majority of its Rs.1700 crore planned budget in the Chennai facility. At the Chennai facility, the company plans to increase the capacity of truck and bus radials to 12000 units. According to Gaurav Kumar, Chief Financial Officer of Apollo Tyres, the company expects the Chennai plant to start aligning with the production plans[Read More…]

Apollo Tyres continues to expand its reach to newer markets. After marking its presence in South East Asian markets of Thailand and Indonesia, the company has entered the Malaysian market. An office at Kuala Lumpur was inaugurated by Satish Sharma, President, Asia Pacific, Middle East & Africa (APMEA region), Apollo Tyres Ltd., in the presence of select business partners and[Read More…]