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Apollo Tyres in discussion with two-wheeler manufacturer for direct supply: Report

19 Aug 2016 Evaluate

Apollo Tyres is reportedly in discussion with Indian two-wheeler manufacturers to supply tyres as part of its plans to expand business in the new segment where it is currently present only in after sales market. The firm, which had forayed into two-wheeler segment in March, is also mulling whether to start manufacturing the tyres on its own. It currently outsources manufacturing of two-wheeler tyres from a third party.

Apollo Tyres is one of the leading tyre manufacturers in India with its product portfolio spread across tubeless and tube type tyres for cars, suvs, trucks, buses etc.

 

Peers
Company Name CMP
MRF 125528.60
Apollo Tyres 411.80
JK Tyres & Inds. 349.55
Ceat 3468.20
Balkrishna Inds. 2267.75
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