Apollo Tyres is aiming for leadership in the premium two?wheeler segment in India, and service the global markets with high?end bias and steel radial tyres. The premium segment constitutes nearly 20% of the two - wheeler market in India and is the fastest growing one. This segment is witnessing an increasing shift and growth due to rapid urbanisation, rising consumer income levels and increasing young population, which is driving the demand for tyres as well in this category.
India is the largest two?wheeler market in the world, and still has headroom for further growth. In the current pandemic era as well, there is demand coming in as people are moving away from shared/public transport and gradually moving to own a personal vehicle, including a two?wheeler, further driving the demand for tyres in this category.
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.
