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Apollo Tyres Reviews

Gurugram, Haryana

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Apollo Tyres Limited is a leading Indian multinational tyre manufacturing company headquartered in Gurugram, Haryana. Established in 1972, the company has grown from a domestic commercial vehicle tyre manufacturer into a major global player, ranking among the top 20 tyre makers in the world. The company operates under two major global brands, Apollo and Vredestein, catering to a diverse range of automotive segments, including passenger cars, SUVs, light trucks, commercial vehicles (trucks and buses), two-wheelers, agriculture, industrial equipment, and off-the-road applications. The company's corporate governance and management structure are led by Onkar Kanwar as the Chairman and Neeraj Kanwar as the Vice Chairman and Managing Director. Under their leadership, Apollo Tyres has established a strong operational footprint. Globally, the company operates seven manufacturing units: five located in India (spanning across states like Kerala, Gujarat, Tamil Nadu, and Andhra Pradesh) and two in Europe (located in the Netherlands and Hungary). The European operations were significantly bolstered by the 2009 acquisition of the Netherlands-based tyre maker Vredestein Banden B.V. and the subsequent acquisition of German tyre distributor Reifencom GmbH in 2015. To drive continuous product development and technological advancements, Apollo Tyres maintains global Research and Development centers in both Asia (Chennai, India) and Europe (Enschede, The Netherlands). Financially, Apollo Tyres is publicly listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India. The company has demonstrated robust financial performance, reporting a consolidated revenue from operations of approximately INR 26,211 crore (US$2.7 billion) for the fiscal year 2025, alongside an EBITDA of INR 35,72 billion and a net profit of INR 11.21 billion. The largest contributor to its revenue stream remains the passenger vehicle segment, followed closely by commercial vehicle tyres, where it maintains a dominant market share in the Indian Truck-Bus Radial (TBR) and Passenger Car Radial (PCR) categories. Apollo Tyres' extensive distribution framework covers a wide network of over 6,000 multi-product, exclusive, and branded dealerships across more than 100 countries. In addition to serving the replacement market, Apollo Tyres serves as a trusted original equipment manufacturer (OEM) partner for prominent automotive companies like Tata Motors, Ashok Leyland, Eicher, Mahindra, and Escorts. The company continues to prioritize premiumization, cost optimization, and sustainability, implementing new eco-friendly initiatives and specialized product ranges, such as dedicated electric vehicle (EV) tyres, to maintain its position as an innovative industry leader.