π’ Apollo Tyres β Full Company Details
π 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
π 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)
π Manufacturing & Global Presence
- Total plants:
- 5 in India
- 1 in Netherlands
- 1 in Hungary
- Major Indian plants:
- Kerala (Perambra) β first plant
- Gujarat (Limda)
- Tamil Nadu (Chennai/Oragadam)
- Andhra Pradesh (new facility)
π 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
π Financial & Size (approx)
- Revenue: Around $2+ billion annually
- Employees: ~17,000+ globally
- Major revenue comes from:
- India (~80%+)
- Europe (~10%+)
π 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
π This made Apollo a global tyre company, not just Indian
π Sponsorship & Branding
- Official sponsor of Indian national cricket team (2025β2028)
- Strong presence in sports marketing & motorsports
π 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
β οΈ Challenges / Issues
- Competition from:
- MRF
- CEAT
- Michelin
- Faced competition law fine in 2022 (price cartel case)
- Raw material costs (rubber prices) affect profits
π§ Simple Summary
Apollo Tyres is:
π One of Indiaβs biggest tyre companies
π A global brand operating in 100+ countries
π Known for affordable, durable tyres
π Competes with top international brands
π€ 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
π Isliye simple language me:
Kanwar family hi main owners (promoters) hai
π¨βπΌ Current Leadership
- Chairman: Onkar Singh Kanwar
- Vice Chairman & MD: Neeraj Kanwar
π Day-to-day company Neeraj Kanwar handle karte hain
π Ownership Structure (simple)
- Promoters (Kanwar family): ~35β40%
- Public investors: remaining shares
- Mutual funds
- Foreign investors
- Retail investors
π§ Simple Answer
π Malik (owner): Kanwar family
π Company type: Public (sab log shares le sakte hain)
