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Apollo Tyres

Company nameApollo Tyres Limited
Company typePublic
IndustryTyres
Founded1976
HeadquartersGurgaon, Haryana, India
Key peopleOnkar S Kanwar (CMD)
Neeraj R S Kanwar (JMD & COO)
Revenue(+)7000 Crore

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Apollo Tyres Ltd is the world's 15th biggest tyre manufacturer, with annual revenues of Rs 88.6 billion (US$ 1.99 billion) in 2010. It was founded in 1976. Its first plant was commissioned in Perambra, Kerala. In 2006 the company acquired Dunlop Tyres International of South Africa. The company now has four manufacturing units in India, two in South Africa, two in Zimbabwe and 1 in Netherlands. It has a network of over 4,000 dealerships in India, of which over 2,500 are exclusive outlets. In South Africa, it has over 900 dealerships, of which 190 are Dunlop Accredited Dealers.

It gets 59% of its revenues from India, 28% from Europe and 13% from Africa.

It is planning to become the 10th biggest tyre manufacturer in the world with annual revenues of $6 billion by 2016.


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