- CEO
- Onkar Singh Kanwar
- Full Time Employees
- 7,559
- Sector
- Consumer Cyclical
- Industry
- Auto - Parts
- Address
- Apollo House Gurugram India 122001
- IPO Date
- Jan 3, 2000
- Business
- Apollo Tyres Limited is a leading global manufacturer and seller of tyres headquartered in Gurgaon, India. Established in 1972, the company operates in the automobile tyre segment with a comprehensive product portfolio that includes passenger car tyres; light truck tyres; truck and bus tyres; off-highway tyres for agricultural, construction, and industrial vehicles; two-wheeler tyres; retreading materials; and retreaded tyres. The company manufactures under key brands such as Apollo and Vredestein, with production facilities located across Asia and Europe, exporting to over 100 countries worldwide. Its product offerings cater to original equipment manufacturers as well as the replacement market, covering a wide range of vehicle types and applications.
Apollo Tyres has undertaken major strategic initiatives in recent years including a capital expenditure plan of ₹1,500 crore aimed at expanding passenger car radial tyre production capacity at its facilities in Hungary and Andhra Pradesh. The company continues to invest in innovation and digitalization aligned with the evolving mobility landscape, with new product launches such as a range of radial tyres for construction and defense applications including the Apollo Terra series. Additionally, it targets USD 5 billion revenue by fiscal 2026 with focuses on sustainability, technology adoption, brand enhancement, and supply chain advancements. The company is also pursuing ambitious sustainability commitments to become carbon neutral by 2050, including improving emission intensity, water usage efficiency, increasing renewable energy consumption to 25% by 2026, and incorporating 40% sustainable raw materials in its tyres by 2030.
Apollo Tyres operates as a diversified tyre company servicing multiple segments in the automotive industry, with significant geographic presence in India, Europe, and global export markets. The company has seven modern manufacturing facilities across two continents and serves a global customer base of original equipment manufacturers and aftermarket clients. Its parent company relationships or subsidiaries have not been noted as significant changes in recent disclosures. Overall, Apollo Tyres is focused on capacity expansion, product portfolio enhancement, sustainability leadership, and technology integration as core elements driving its current growth and strategic positioning in the global tyre industry.