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Apollo Tyres aims to double exports to Europe

26 Nov 2011 Evaluate

Apollo Tyres is aiming to double the export of Apollo branded tyres to 100,000 pieces a month, to Europe, in a little over six months, with its newly commissioned Chennai facility. The company is planning to operate at the terminal capacity to achieve this export target.

It is also planning to stretch the production of the Netherlands based Apollo Vredestein to 6.5 million tyres a year over and above the expanded rated capacity of 6 million pieces. Apollo’s exports to Europe are increasing steadily and have touched 50,000 tyres a month this quarter.

The company currently 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. A ninth facility is currently under construction in southern India. The major brands produced across these locations are: Apollo, Dunlop, Kaizen, Maloya, Regal and Vredestein.

Apollo Tyres Share Price

445.30 1.55 (0.35%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 139772.66
Apollo Tyres 445.30
CEAT 3713.55
Balkrishna Inds. 2329.80
JK Tyres & Inds. 428.30
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