Yes, Apollo Tyres is an Indian company. It is originally in India and has become one of the largest tyre producers in the globe. The firm is headquartered in Gurugram, Haryana, and its operation spans a number of countries. Apollo Tyres produces quality tyres in car, truck and bus industries even in the two-wheeler sector.
Most people are acquainted with Apollo Tyres as a company that has good performance, durability, and inventions in the tyres industry. The Indian based company has amplified its presence in all corners of the world and that too without losing its Indian identity. It keeps on increasing its manufacturing capacity and launching new products to serve various markets.
Here is a quick overview of key facts about the company:
| Detail | Info |
| Founded | 1972 |
| Founder | Onkar Singh Kanwar |
| Headquarters | Gurugram, Haryana, India |
| CEO | Neeraj Kanwar |
| Sector | Automotive (Tyre Manufacturing) |
Company History
Apollo Tyres was established in 1972 in India after Onkar Kanwar established the company. Its initial production facility went online in Kerala. Apollo Tyres has increased its product base to suit the domestic and international markets over the years.
In 2009, The corporation made entry into Europe when it acquired a Dutch tyre company Vredestein Banden. This was one step that was used by Apollo Tyres to enhance its position in the international market.
Current Status
The company has several manufacturing plants operating in India, Netherlands as well as Hungary today. It has more than 100 countries where it sells tyres. The company produces passenger car products, commercial truck and two-wheelers products as well as agricultural machinery products.
Apollo Tyres has invested massively in research and development to achieve better performance and safety and greener products. Its wide dealer coverage in India is going to facilitate easy identification and purchase of Apollo products by the customers.
Future Outlook
One of the strategies is that Apollo Tyres will emphasize sustainable production and new technologies. Its target is to produce tyres that enhance the running of electric cars and the possibility of enhancing the fuel consumption. The company is also intending to grow into other international markets such as North America and the Asian Pacific.
Driven by the power of quality and innovation, Apollo Tyres seems well positioned to grow more. Apollo Tyres will also keep expanding its brand presence in India and other continents as more users seek high-performance and reliable tyres.