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Apollo Tyres eyeing to double sales volume of two-wheeler tyres this fiscal

17 Aug 2017 Evaluate

Apollo Tyres is eyeing to nearly double sales volume of its two-wheeler tyres to around two lakh units a month this fiscal. The firm, which had forayed into two-wheeler tyres in March last year, will not attempt to gain with price under cutting and expects profitability of the segment to continue to remain decent.

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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