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Apollo Tyres inaugurates Hungarian plant

08 Apr 2017 Evaluate

Apollo Tyres has inaugurated its 6th global tyre manufacturing unit and the second one in Hungary, Europe. Located less than 100 km from the capital Budapest, this is the company’s first greenfield facility outside India.

This is a reflection of company’s growth aspirations and manufacturing capabilities, showcasing some of the best practices available across the globe in tyre manufacturing. A highly automated plant with use of IT-driven systems and robotics, it employs young and skilled associates on the shopfloor, mostly hired locally.

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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