Apollo Tyres
Encyclopedia
Apollo Tyres Ltd is the world's 15th biggest tyre manufacturer, with annual revenues of Rs 88.6 billion (US$ 1.99 billion) in 2010. It was founded in 1976. Its first plant was commissioned in Perambra
, Kerala
. In 2006 the company acquired Dunlop Tyres International of South Africa
. The company now has four manufacturing units in India, two in South Africa, two in Zimbabwe
and 1 in Netherlands
.http://www.thehindubusinessline.com/2010/06/01/stories/2010060151830500.htm It has a network of over 4,000 dealerships in India, of which over 2,500 are exclusive outlets. In South Africa, it has over 900 dealerships, of which 190 are Dunlop Accredited Dealers.
It gets 59% of its revenues from India, 28% from Europe and 13% from Africa.
It is planning to become the 10th biggest tyre manufacturer in the world with annual revenues of $6 billion by 2016.
1977 1st plant established at Perambra
, Kerala, India
1991 2nd plant at Limda, Gujarat, India
1994 Started selling tyres for 2-wheelers
1995 3rd plant at Kalmassery, Kerala, India
2006 Expanded operations outside India by acquiring Dunlop
's Africa operations.
2008 new plant at Chennai, Tamil Nadu, India
In 2009, Apollo Tyres acquired the Netherlands-based winter-tyre maker Vredestein Banden B.V. (VBBV) for an undisclosed sum from Russia's bankrupt largest tyre manufacturer Amtel-Vredestein NV.
In March, 2010, it won an agreement with Volkswagen AG to supply the VW Polo assembled in India with Apollo tyres as Original Equipment.
Perambra -Thrissur
Perambra is a small town located in the Thrissur district of Kerala, in south India. It is located on National Highway 23 km south of Thrissur city and about 7 km north of Chalakudy.-District:...
, Kerala
Kerala
or Keralam is an Indian state located on the Malabar coast of south-west India. It was created on 1 November 1956 by the States Reorganisation Act by combining various Malayalam speaking regions....
. In 2006 the company acquired Dunlop Tyres International of South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
. The company now has four manufacturing units in India, two in South Africa, two in Zimbabwe
Zimbabwe
Zimbabwe is a landlocked country located in the southern part of the African continent, between the Zambezi and Limpopo rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia and a tip of Namibia to the northwest and Mozambique to the east. Zimbabwe has three...
and 1 in Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
.http://www.thehindubusinessline.com/2010/06/01/stories/2010060151830500.htm It has a network of over 4,000 dealerships in India, of which over 2,500 are exclusive outlets. In South Africa, it has over 900 dealerships, of which 190 are Dunlop Accredited Dealers.
It gets 59% of its revenues from India, 28% from Europe and 13% from Africa.
It is planning to become the 10th biggest tyre manufacturer in the world with annual revenues of $6 billion by 2016.
History
1976 Apollo Tyres was registered1977 1st plant established at Perambra
Perambra -Thrissur
Perambra is a small town located in the Thrissur district of Kerala, in south India. It is located on National Highway 23 km south of Thrissur city and about 7 km north of Chalakudy.-District:...
, Kerala, India
1991 2nd plant at Limda, Gujarat, India
1994 Started selling tyres for 2-wheelers
1995 3rd plant at Kalmassery, Kerala, India
2006 Expanded operations outside India by acquiring Dunlop
Dunlop
Dunlop may refer to:In companies:*name derived from John Boyd Dunlop ** Dunlop Tyres, tyre manufacturer since 1985** Dunlop Rubber, manufacturer of tyre and rubber products from 1889 to 1985...
's Africa operations.
2008 new plant at Chennai, Tamil Nadu, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
In 2009, Apollo Tyres acquired the Netherlands-based winter-tyre maker Vredestein Banden B.V. (VBBV) for an undisclosed sum from Russia's bankrupt largest tyre manufacturer Amtel-Vredestein NV.
In March, 2010, it won an agreement with Volkswagen AG to supply the VW Polo assembled in India with Apollo tyres as Original Equipment.