Appolo Tyres’ sales have declined sharply as Tata Motors has made a drastic supply cut from the company, while Maruti is already buying 20% less tyres from company since April. Tata Motors is the company’s largest customer. Tata motors and Maruti Suzuki are taking lower supply from Appolo Tyres due to lower vehicle sales.
Apollo Tyres produces the entire range of automotive tyres for ultra and high speed passenger cars, truck and bus, farm, off-the-road, industrial and specialty applications like mining, retreaded tyres and retreading material. These are produced across Apollo’s eight manufacturing locations in India, Netherlands and Southern Africa.
