Apollo Tyres
🏢 Apollo Tyres – Full Company Details 📌 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) 🚗 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 📊 Financial & Size (approx) Revenue: Around $2+ billion annually Employees: ~17,000+ globally Major revenue comes from: India (~80%+) Europe (~10%+) 📈 Growth & History Highlights 1975: First tyre plant in Kerala 1991: Gujarat plant started 2009: Acquired Vredestein (Netherlands) → global expansion 2017: Opened Hungary plant (Europe expansion) 2015: Acquired German tyre distributor Reifencom 👉 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 👍 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: 👉 One of India’s biggest tyre companies👉 A global brand operating in 100+ countries👉 Known for affordable, durable tyres👉 Competes with top international brands 👤 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 👉 Isliye simple language me: Kanwar family hi main owners (promoters) hai 👨💼 Current Leadership Chairman: Onkar Singh Kanwar Vice Chairman & MD: Neeraj Kanwar 👉 Day-to-day company Neeraj Kanwar handle karte hain 📊 Ownership Structure (simple) Promoters (Kanwar family): ~35–40% Public investors: remaining shares Mutual funds Foreign investors Retail investors 🧠 Simple Answer 👉 Malik (owner): Kanwar family👉 Company type: Public (sab log shares le sakte hain)