Apollo Tyres has launched Vredestein Tyres in Indian Market and planning to position these tyres in premium segment. The company is targeting a monthly sale of 5,000 Vredestein Tyres in India. The company acquired Vredestein in 2009. Further, the company is expecting to grow percentage share of revenue from overseas markets.
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.
