In a bid to increase its global footprint and garnering total revenues of around 15 percent from exports, Apollo Tyres is planning to set up a subsidiary in Malaysia over the next two years. Besides, the Gurgaon-headquartered firm has lined up investments worth Rs 1,500 crore this year to expand capacity of its truck-bus radial (TBR) plant in Chennai from 6,000 units a day to 9,000 per day.
Apollo Tyres has set up legal entities, mainly for sales, in Bangkok for ASEAN markets; in Dubai for West Asia and north, east and west Africa; in South Africa for south African markets.
Apollo Tyres produces the entire range of automotive tyres for ultra and high speed passenger cars, truck and bus, farm, off-the-road, industrial and specialty applications like mining, retreaded tyres and retreading material. These are produced across Apollo’s eight manufacturing locations in India, Netherlands and Southern Africa.
