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Apollo Tyres launches second Global R&D centre

09 Nov 2016 Evaluate

Apollo Tyres has launched its Global R&D centre, Asia just outside the southern Indian city of Chennai. This is company's second Global R&D centre, after the Global R&D centre, Europe in the Netherlands, which is operational since 2013.

The two Global R&D centres of Apollo Tyres, in addition to the core research, service the product development needs of the respective regions. The Global R&D centre, Europe in Enschede, the Netherlands with a team size of 150+ people, services the Europe and America region, While the Global R&D Centre, Asia having an employee strength of 140-odd people, services the product development needs for the entire Asia Pacific, Middle East & Africa region.

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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