Apollo Tyres Ltd - Company Profile
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Apollo Tyres Ltd (Apollo Tyres) is the manufacturer, distributor, and seller of tires, tubes, and flaps. The company offers a diversified product portfolio that includes tires for passenger vehicles, commercial vehicles, two-wheelers, off-highway vehicles, and light trucks. It also offers retreading material, retreading tires, and alloy wheels. Apollo Tyres offers its products to customers through distribution networks in India and Europe under the brands Apollo Tyres and Vredestein. The company's products are utilized by global and Indian original equipment automobile players across various industries, including automotive, agricultural, and industrial sectors. The company has manufacturing facilities in multiple locations, including India, the Netherlands, and Hungary, and maintains research and development centers in Chennai and Enschede. Apollo Tyres is headquartered in Gurugram, Haryana, India.
Apollo Tyres Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Automotive Tires | Apollo |
| Off-The-Road Vehicles Tires | Vredestein |
| Retreaded Tires and Retreading Material | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Corporate Changes/Expansions | In May, the company opened the Apollo Rural Mobile Store. |
| 2026 | Corporate Changes/Expansions | In February, the company inaugurated its state-of-the-art dedicated outdoor tyre testing facility at Ivalo, Finland. |
| 2026 | New Products/Services | In January, the company launched a new and more affordable range of gravel tyres under the Vredestein Aventura Core Series. |
Competitor Comparison
| Key Parameters | Apollo Tyres Ltd | Compagnie Generale des Etablissements Michelin | Bridgestone Corp | Continental AG | The Goodyear Tire & Rubber Co |
|---|---|---|---|---|---|
| Headquarters | India | France | Japan | Germany | United States of America |
| City | Gurugram | Clermont-Ferrand | Chuo-Ku | Hannover | Akron |
| State/Province | Haryana | Auvergne | Tokyo | Berlin | Ohio |
| No. of Employees | 15,681 | 122,600 | 115,716 | 77,702 | 63,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Onkar S. Kanwar | Chairman | Executive Board | 2023 | 82 |
| Neeraj Kanwar | Managing Director; Vice Chairman | Executive Board | 2009 | 53 |
| Gaurav Kumar | Chief Financial Officer; Director | Executive Board | 2024 | 55 |
| Sunam Sarkar | Chief Business Officer; Director; President | Executive Board | 2014 | - |
| Daniele Lorenzetti | Chief Technology Officer | Senior Management | 2016 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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