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Apollo Tyres planning to introduce brand Vredestein in India

26 Nov 2020 Evaluate

Apollo Tyres is planning to introduce its European tyre brand Vredestein in India early next year as it looks to cater to premium cars in the replacement market. The Vredestein tyres are currently sold in Europe, the US, the Middle East, Africa and a few Asean countries.

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 125065.05
Apollo Tyres 410.40
JK Tyres & Inds. 348.75
Ceat 3397.60
Balkrishna Inds. 2220.10
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