Apollo Tyres is eyeing double-digit revenue growth in FY24 purely on the performance of organic volume growth. In 2022-23, the company clocked a consolidated revenue from operations of Rs 24,568 crore as against Rs 20,948 crore in 2021-22.
Besides, Apollo Tyres would continue to focus on technology driven premium positioning of its products across categories. The company's Vredestein brand is winning original equipment business for luxury models, while in the two-wheeler category Apollo Tyres has also bagged some business from Royal Enfield and KTM for supplies of radial tyres.
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.