Tyre Asia – May-June 2018

62 Tyre Asia April/May 2018

As Kanwar said the opening of the

Hungarian manufacturing facility, one of

the most advanced in the world, was yet

another milestone in Apollo’s global growth

journey. It also marked Apollo’s 40 years in

the business of manufacturing and selling

of tyres.

“This facility will help us further increase

our presence and market share in Europe,”

Kanwar said. “From being a replacement

market-focused company in Europe, we

would soon be starting supplies of our tyres

to all the leading OEs in Europe.”

The Hungarian plant will complement

Apollo’s existing facility in the Netherlands,

and produce both Apollo and Vredestein

brand of tyres for the European market.

It is already supplying OE tyres for top-

quality cars giving a powerful push to

Apollo’s OE journey in Europe.

Remarkable growth

When one looks back, Apollo’s growth

story was remarkable. It was in mid-1970s

that it began manufacturing truck tyres

in its plant in Kerala and soon became the

market leader in the segment.

The Hungarian plant is located near the

COVER STORY