Apollo Tyres

🏒 Apollo Tyres – Full Company Details

πŸ“Œ Basic Information

  • Full Name: Apollo Tyres Limited
  • Founded: 1972
  • Headquarters: Gurugram, Haryana, India
  • Type: Public company
  • Industry: Automotive tyres / auto components
  • Founder group: Raunaq Singh & associates

🌍 Business Overview

  • Apollo Tyres is a leading tyre manufacturer in India and global top 20 tyre companies
  • Operates in 100+ countries worldwide
  • Main brands:
    • Apollo
    • Vredestein (premium European brand)

🏭 Manufacturing & Global Presence

  • Total plants:
    • 5 in India
    • 1 in Netherlands
    • 1 in Hungary
  • Major Indian plants:
    • Kerala (Perambra) – first plant
    • Gujarat (Limda)
    • Tamil Nadu (Chennai/Oragadam)
    • Andhra Pradesh (new facility)

πŸš— Products & Segments

Apollo makes tyres for almost every vehicle type:

  • Passenger cars & SUVs
  • Two-wheelers (bike tyres)
  • Trucks & buses
  • Agricultural vehicles
  • Industrial & off-road vehicles
  • Bicycle tyres

πŸ“Š Financial & Size (approx)

  • Revenue: Around $2+ billion annually
  • Employees: ~17,000+ globally
  • Major revenue comes from:
    • India (~80%+)
    • Europe (~10%+)

πŸ“ˆ Growth & History Highlights

  • 1975: First tyre plant in Kerala
  • 1991: Gujarat plant started
  • 2009: Acquired Vredestein (Netherlands) β†’ global expansion
  • 2017: Opened Hungary plant (Europe expansion)
  • 2015: Acquired German tyre distributor Reifencom

πŸ‘‰ This made Apollo a global tyre company, not just Indian


🏏 Sponsorship & Branding

  • Official sponsor of Indian national cricket team (2025–2028)
  • Strong presence in sports marketing & motorsports

πŸ‘ Strengths of Company

  • Strong presence in Indian market
  • Good balance of price + quality
  • Wide product range
  • Growing global footprint
  • Focus on R&D and innovation

⚠️ Challenges / Issues

  • Competition from:
    • MRF
    • CEAT
    • Michelin
  • Faced competition law fine in 2022 (price cartel case)
  • Raw material costs (rubber prices) affect profits

🧠 Simple Summary

Apollo Tyres is:
πŸ‘‰ One of India’s biggest tyre companies
πŸ‘‰ A global brand operating in 100+ countries
πŸ‘‰ Known for affordable, durable tyres
πŸ‘‰ Competes with top international brands

πŸ‘€ Promoter (main controlling family)

  • Company ko control karti hai Onkar Singh Kanwar aur unki family
  • Yeh Raunaq Singh (founder) ke family se belong karte hain

πŸ‘‰ Isliye simple language me:
Kanwar family hi main owners (promoters) hai


πŸ‘¨β€πŸ’Ό Current Leadership

  • Chairman: Onkar Singh Kanwar
  • Vice Chairman & MD: Neeraj Kanwar

πŸ‘‰ Day-to-day company Neeraj Kanwar handle karte hain


πŸ“Š Ownership Structure (simple)

  • Promoters (Kanwar family): ~35–40%
  • Public investors: remaining shares
    • Mutual funds
    • Foreign investors
    • Retail investors

🧠 Simple Answer

πŸ‘‰ Malik (owner): Kanwar family
πŸ‘‰ Company type: Public (sab log shares le sakte hain)

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