29:
1461:
280:
257:
234:
211:
188:
366:
Apollo Tyres Ltd. was incorporated on 28 September 1972 in India as a public limited company and obtained certificate of
Commencement of Business on 24 October 1972. The company was promoted by Bharat Steel Tubes, Ltd., Raunaq International Pvt. Ltd., Raunaq & Co. Pvt. Ltd., Raunaq Singh, Mathew
525:
425.53 cr.) for sharing price sensitive information among themselves to manage their cartelization of tyre prices for supplies to the public transport corporation of
Haryana state. Earlier the All India Tyre Dealers Federation had complained to the
406:
The company focused on the production of truck tyres in India and introduced its first truck tyre, Rajdhani in India. The company expanded its operation across India and in 1996, expanded operations outside India by acquiring
422:
In 2015, Apollo Tyres bought
Germany's Reifencom tyre distributor for €45.6 million. It shifted its corporate office for Europe region to Amsterdam from Enschede, the Netherlands and opened a Global R&D Centre, Asia in
1077:
2507:
1237:
1357:
1305:
1252:
1185:
736:
1103:
2512:
367:
T. Marattukalam and Jacob Thomas. In 1975, the company made its
Initial public offer of equity shares and its first manufacturing facility was commissioned in
1128:
477:
Apollo Tyres currently sells Apollo and
Vredestein (or Maloya) branded tyres in Europe. The company currently operates two tyre factories in Europe; in the
2482:
976:
1025:
1050:
2477:
2266:
913:
754:
603:
1884:
1343:
1290:
1223:
711:
950:
79:
2502:
1449:
554:
1814:
517:
at multiple locations. Earlier in
February the anti trust watch dog had released a statement about fining these tyre companies a total of
586:
1427:
932:
430:
In 2016, the company signed an MoU with the
Government of Andhra Pradesh to set up a new factory in the state. On 9 January 2018, the
431:
411:'s Africa operations. In 2013, it disposed of the Dunlop brand in Africa along with most of the South African operation in a sale to
358:
and 5% from other countries. Apollo announced its entry into the two-wheeler tyre segment with contract manufacturing in March 2016.
2306:
657:
626:
2492:
872:
740:
530:
about this cartelization of these companies to increase the tyre prices. The ministry had then referred the case to the CCI.
834:
809:
2487:
2151:
1358:"Hungary plant to start rolling out products by 2017.A new plant is considered to be launched in north India: Apollo Tyres"
859:
998:
784:
2321:
1889:
203:
2111:
1442:
458:(5.5 million) tyres per year and also truck bus radial (TBR) tyres and will serve both domestic and export markets.
2086:
1154:
56:
2021:
1864:
1679:
1674:
502:
2106:
685:
2456:
2201:
1854:
527:
1435:
917:
762:
607:
1569:
2241:
1904:
1804:
1689:
1457:
412:
627:"Apollo Tyres Consolidated Profit & Loss account, Apollo Tyres Financial Statement & Accounts"
561:
2426:
2286:
1919:
1709:
462:
28:
2376:
1844:
2076:
1964:
689:
884:
2497:
2276:
1899:
1894:
1869:
1769:
1714:
1654:
1564:
1383:
400:
60:
1336:
1283:
1216:
490:
2401:
2096:
2056:
2046:
1934:
65:
1924:
1549:
1504:
435:
383:
in 1991. The company acquired
Premier Tyres Limited in 1995, which became its 3rd plant at
658:"Apollo Tyres Consolidated Balance Sheet, Apollo Tyres Financial Statement & Accounts"
8:
2431:
2411:
2251:
2181:
2071:
1914:
1694:
1684:
1639:
1604:
69:
2391:
2361:
2341:
2226:
2136:
2026:
1999:
1799:
1774:
1644:
1609:
1361:
1324:
1271:
1204:
368:
331:
2416:
2236:
2216:
2171:
2161:
1974:
1819:
1579:
1499:
1238:"Apollo Tyres stock hits 52-week high after 2-fold rise in Q3 profit to Rs 444 crore"
580:
451:
396:
335:
2371:
2231:
2206:
2051:
2041:
1739:
1539:
1509:
272:
2331:
2326:
2191:
2146:
2141:
1989:
1984:
85:
1669:
489:
plant was acquired from
Vredestein, the newly built facility southeasterly from
466:
2406:
2386:
2366:
2281:
2271:
2126:
1979:
1789:
1784:
514:
439:
380:
39:
399:. A year later in 2009, the company acquired the Netherlands-based tyre maker
2471:
2441:
2436:
2421:
2396:
2351:
2296:
2261:
2066:
2036:
2016:
1969:
1859:
1829:
1794:
1754:
1734:
1729:
1699:
1659:
1619:
1599:
1574:
1544:
1534:
1529:
510:
505:
raided the headquarters of Apollo Tyres along with other tyre companies like
388:
169:
47:
1129:"Hungary Prime Minister Viktor Orban opens Apollo Tyres plant near Budapest"
454:
and produce passenger car radial (PCR) tyres with an initial capacity of 55
2356:
2346:
2211:
2156:
2121:
2081:
2061:
1944:
1664:
1514:
1155:"H.E. PM Viktor Orbán inaugurates the Apollo Tyres plant in Gyöngyöshalász"
506:
408:
160:
2256:
2246:
2196:
2176:
1954:
1929:
1809:
1779:
1719:
1649:
1629:
1026:"Apollo Tyres opens its Global R&D Centre, Asia in Chennai - ET Auto"
478:
438:
laid the foundation stone for Apollo Tyres' ₹1,800-crore tyre factory in
347:
1162:
2221:
1959:
1724:
1704:
1614:
1559:
1524:
1078:"Apollo Tyres to invest Rs 1800 crore in first phase in Andhra Pradesh"
415:
of Japan. The very same year, it started its Global R&D Centre, in
330:. It was incorporated in 1972, and its first plant was commissioned in
322:
is an Indian multinational tyre manufacturing company headquartered in
226:
810:"Apollo Tyres History | Apollo Tyres Information - The Economic Times"
2316:
2186:
2166:
2131:
1879:
1634:
1594:
1589:
1519:
712:"Apollo Tyres expands global footprint, inaugurates Hungarian plant"
2451:
1939:
1489:
486:
447:
416:
372:
2291:
2116:
2101:
1949:
1849:
1624:
1584:
482:
424:
392:
354:. The company generates 69% of its revenues from India, 26% from
351:
327:
323:
131:
127:
2446:
2091:
1994:
1909:
1874:
1417:
376:
355:
339:
141:
2336:
2311:
1834:
1824:
1744:
1554:
1460:
1422:
1410:
461:
The company's second plant in Europe, was inaugurated by the
384:
343:
249:
137:
96:
1104:"Apollo Tyres to invest ₹1,800 cr in Andhra Pradesh factory"
2381:
2301:
1839:
455:
443:
308:
1764:
2508:
Companies listed on the
National Stock Exchange of India
933:"Sumitomo Acquires Assets of Apollo Tyres South Africa"
1051:"Apollo Tyres plans ₹500-cr factory in Andhra Pradesh"
1306:"Apollo Tyres starts production from Hungarian plant"
1253:"Apollo Tyres starts production from Hungarian plant"
1186:"Apollo Tyres starts production from Hungarian plant"
999:"Apollo Vredestein management now based in Amsterdam"
379:, India in 1977, followed by its 2nd plant at Limda,
951:"Apollo Tyres opens R&D centre in Netherlands"
342:. The company now has five manufacturing units in
914:"Forbes India Magazine - Apollo's Play in Europe"
835:"Apollo Tyres History | Apollo Tyres Information"
604:"Forbes India Magazine - Apollo's Play in Europe"
549:
547:
545:
543:
2469:
737:"Annual Report for the Financial Year 2015-2016"
704:
493:was inaugurated for production on 7 April 2017.
540:
2513:Companies listed on the Bombay Stock Exchange
1443:
930:
496:
2483:Manufacturing companies established in 1972
1101:
977:"Apollo Tyres may miss 2020 revenue target"
1450:
1436:
1423:Apollo Tyres Acquires Vredestein Banden BV
1023:
908:
906:
873:Apollo Tyres Acquires Vredestein Banden BV
521:1,788 crores (of which Apollo Tyres fined
1075:
2478:Manufacturing companies based in Gurgaon
1479:
1342:CS1 maint: numeric names: authors list (
1289:CS1 maint: numeric names: authors list (
1222:CS1 maint: numeric names: authors list (
1076:Mukherjee, Sharmistha (9 January 2018).
598:
596:
903:
2470:
1384:"CCI Conducts Raids On Tyre Companies"
1303:
1250:
1183:
585:: CS1 maint: archived copy as title (
472:
1431:
686:"Apollo tyres roll into Europe today"
621:
619:
617:
593:
391:. In 2008, it started a new plant at
2503:Indian companies established in 1972
652:
650:
442:. The plant will come up over a 200-
446:site in Chinnapanduru village near
289:(US$ 1.7 billion) (2024)
266:(US$ 3.2 billion) (2024)
243:(US$ 210 million) (2024)
220:(US$ 310 million) (2024)
197:(US$ 3.1 billion) (2024)
13:
1102:Balachandar, G. (9 January 2018).
614:
14:
2524:
1418:Dunlop Tyres South Africa website
1402:
885:"Ambition, drive based on values"
647:
16:Indian tyre manufacturing company
1459:
1304:Bureau, BS B2B (10 April 2017).
1251:Bureau, BS B2B (10 April 2017).
1184:Bureau, BS B2B (10 April 2017).
432:Chief Minister of Andhra Pradesh
279:
278:
256:
255:
233:
232:
210:
209:
187:
186:
27:
1376:
1350:
1297:
1244:
1230:
1177:
1147:
1121:
1095:
1069:
1043:
1017:
991:
969:
943:
924:
877:
866:
852:
827:
802:
503:Competition Commission of India
1161:. 7 April 2017. Archived from
777:
747:
739:. Apollo Tyres. Archived from
729:
678:
403:(VBBV) for an undisclosed sum
1:
2493:Automotive companies of India
533:
528:Ministry of Corporate Affairs
814:economictimes.indiatimes.com
513:(Madras Rubber Factory) and
427:, India a few months later.
7:
2488:Tyre manufacturers of India
2242:L&T Technology Services
759:epaperbeta.timesofindia.com
108:; 52 years ago
10:
2529:
497:Anti competition practices
413:Sumitomo Rubber Industries
361:
2287:Mazagon Dock Shipbuilders
1753:
1710:Tata Consultancy Services
1488:
1470:
303:
293:
270:
247:
224:
201:
182:
151:
120:
102:
92:
78:
45:
35:
26:
1845:Godrej Consumer Products
463:Hungarian Prime Minister
174:(Vice Chairman & MD)
1310:Business Standard India
1257:Business Standard India
1190:Business Standard India
1055:The Hindu Business Line
955:The Hindu Business Line
789:Business Standard India
690:The Hindu Business Line
2277:Max Financial Services
1900:Jio Financial Services
1770:Adani Energy Solutions
1715:Tata Consumer Products
1159:Indian Embassy Hungary
401:Vredestein Banden B.V.
2057:Balkrishna Industries
1935:Samvardhana Motherson
1133:The Financial Express
743:on 27 September 2016.
144:, India (Registered)
2022:Aditya Birla Fashion
937:Tire Review Magazine
860:"The Economic Times"
320:Apollo Tyres Limited
22:Apollo Tyres Limited
2412:Tata Communications
2352:Piramal Enterprises
2252:LIC Housing Finance
2182:Hindustan Petroleum
2072:Bank of Maharashtra
1465:NIFTY 200 companies
1364:. 17 September 2014
931:Tire Review Staff.
920:on 29 January 2011.
610:on 22 January 2011.
567:on 19 November 2010
501:In April 2022, the
473:European operations
436:N Chandrababu Naidu
419:, the Netherlands.
295:Number of employees
134:, India (Corporate)
23:
2392:Supreme Industries
2362:Poonawalla Fincorp
2342:Persistent Systems
2227:Jubilant FoodWorks
2137:Dixon Technologies
2000:Zydus Lifesciences
1775:Adani Green Energy
1362:The Economic Times
1335:has generic name (
1282:has generic name (
1240:. 4 February 2021.
1215:has generic name (
1082:The Economic Times
979:. 16 November 2015
891:. 22 February 2017
839:The Economic Times
785:"Apollo Tyres Ltd"
755:"Widgets Magazine"
21:
2465:
2464:
2457:Zee Entertainment
2417:Tata Technologies
2237:KPIT Technologies
2217:Ipca Laboratories
2172:Godrej Properties
2162:Fortis Healthcare
2012:
2011:
2008:
2007:
1820:Colgate-Palmolive
1500:Adani Enterprises
1057:. 9 November 2016
957:. 14 January 2013
716:www.autocarpro.in
469:, in April 2017.
452:Tirupati district
397:Tamil Nadu, India
317:
316:
2520:
2427:Tube Investments
2367:Prestige Estates
2232:Kalyan Jewellers
2207:Indraprastha Gas
2052:Aurobindo Pharma
1865:ICICI Prudential
1570:Dr. Reddy's Labs
1540:Bharat Petroleum
1510:Apollo Hospitals
1486:
1485:
1477:
1476:
1464:
1463:
1452:
1445:
1438:
1429:
1428:
1414:
1413:
1411:Official website
1396:
1395:
1393:
1391:
1380:
1374:
1373:
1371:
1369:
1354:
1348:
1347:
1340:
1334:
1330:
1328:
1320:
1318:
1316:
1301:
1295:
1294:
1287:
1281:
1277:
1275:
1267:
1265:
1263:
1248:
1242:
1241:
1234:
1228:
1227:
1220:
1214:
1210:
1208:
1200:
1198:
1196:
1181:
1175:
1174:
1172:
1170:
1151:
1145:
1144:
1142:
1140:
1125:
1119:
1118:
1116:
1114:
1099:
1093:
1092:
1090:
1088:
1073:
1067:
1066:
1064:
1062:
1047:
1041:
1040:
1038:
1036:
1024:www.ETAuto.com.
1021:
1015:
1014:
1012:
1010:
995:
989:
988:
986:
984:
973:
967:
966:
964:
962:
947:
941:
940:
928:
922:
921:
916:. Archived from
910:
901:
900:
898:
896:
881:
875:
870:
864:
863:
856:
850:
849:
847:
845:
831:
825:
824:
822:
820:
806:
800:
799:
797:
795:
781:
775:
774:
772:
770:
761:. Archived from
751:
745:
744:
733:
727:
726:
724:
722:
708:
702:
701:
699:
697:
682:
676:
675:
673:
671:
665:www.bseindia.com
662:
654:
645:
644:
642:
640:
634:www.bseindia.com
631:
623:
612:
611:
606:. Archived from
600:
591:
590:
584:
576:
574:
572:
566:
560:. Archived from
559:
551:
524:
520:
515:Continental Tyre
313:
310:
288:
286:
282:
281:
275:
265:
263:
259:
258:
252:
242:
240:
236:
235:
219:
217:
213:
212:
204:Operating income
196:
194:
190:
189:
175:
166:
116:
114:
109:
88:
31:
24:
20:
2528:
2527:
2523:
2522:
2521:
2519:
2518:
2517:
2468:
2467:
2466:
2461:
2332:Patanjali Foods
2327:Page Industries
2267:M&M Finance
2192:IDFC First Bank
2142:Dr Lal PathLabs
2077:Bharat Dynamics
2004:
1985:Varun Beverages
1756:
1749:
1700:Shriram Finance
1491:
1481:
1472:
1466:
1458:
1456:
1409:
1408:
1405:
1400:
1399:
1389:
1387:
1382:
1381:
1377:
1367:
1365:
1356:
1355:
1351:
1341:
1332:
1331:
1322:
1321:
1314:
1312:
1302:
1298:
1288:
1279:
1278:
1269:
1268:
1261:
1259:
1249:
1245:
1236:
1235:
1231:
1221:
1212:
1211:
1202:
1201:
1194:
1192:
1182:
1178:
1168:
1166:
1165:on 8 April 2017
1153:
1152:
1148:
1138:
1136:
1127:
1126:
1122:
1112:
1110:
1100:
1096:
1086:
1084:
1074:
1070:
1060:
1058:
1049:
1048:
1044:
1034:
1032:
1022:
1018:
1008:
1006:
997:
996:
992:
982:
980:
975:
974:
970:
960:
958:
949:
948:
944:
929:
925:
912:
911:
904:
894:
892:
883:
882:
878:
871:
867:
858:
857:
853:
843:
841:
833:
832:
828:
818:
816:
808:
807:
803:
793:
791:
783:
782:
778:
768:
766:
753:
752:
748:
735:
734:
730:
720:
718:
710:
709:
705:
695:
693:
684:
683:
679:
669:
667:
660:
656:
655:
648:
638:
636:
629:
625:
624:
615:
602:
601:
594:
578:
577:
570:
568:
564:
557:
555:"Archived copy"
553:
552:
541:
536:
522:
518:
499:
475:
364:
307:
296:
287:13,902.18 crore
284:
283:
271:
264:26,957.34 crore
261:
260:
248:
238:
237:
229:
215:
214:
206:
195:25,531.28 crore
192:
191:
178:
173:
172:
164:
163:
154:
147:
112:
110:
107:
84:
74:
50:
17:
12:
11:
5:
2526:
2516:
2515:
2510:
2505:
2500:
2495:
2490:
2485:
2480:
2463:
2462:
2460:
2459:
2454:
2449:
2444:
2439:
2434:
2429:
2424:
2419:
2414:
2409:
2407:Tata Chemicals
2404:
2399:
2394:
2389:
2384:
2379:
2374:
2369:
2364:
2359:
2354:
2349:
2344:
2339:
2334:
2329:
2324:
2319:
2314:
2309:
2304:
2299:
2294:
2289:
2284:
2282:Max Healthcare
2279:
2274:
2272:Mankind Pharma
2269:
2264:
2259:
2254:
2249:
2244:
2239:
2234:
2229:
2224:
2219:
2214:
2209:
2204:
2199:
2194:
2189:
2184:
2179:
2174:
2169:
2164:
2159:
2154:
2149:
2144:
2139:
2134:
2129:
2127:Deepak Nitrite
2124:
2119:
2114:
2109:
2107:Container Corp
2104:
2099:
2094:
2089:
2084:
2079:
2074:
2069:
2064:
2059:
2054:
2049:
2044:
2039:
2034:
2029:
2024:
2019:
2013:
2010:
2009:
2006:
2005:
2003:
2002:
1997:
1992:
1987:
1982:
1980:United Spirits
1977:
1972:
1967:
1965:Torrent Pharma
1962:
1957:
1952:
1947:
1942:
1937:
1932:
1927:
1922:
1917:
1912:
1907:
1902:
1897:
1892:
1887:
1882:
1877:
1872:
1867:
1862:
1857:
1852:
1847:
1842:
1837:
1832:
1827:
1822:
1817:
1812:
1807:
1802:
1797:
1792:
1790:Bank of Baroda
1787:
1785:Ambuja Cements
1782:
1777:
1772:
1767:
1761:
1759:
1751:
1750:
1748:
1747:
1742:
1737:
1732:
1727:
1722:
1717:
1712:
1707:
1702:
1697:
1692:
1687:
1682:
1677:
1672:
1667:
1662:
1657:
1652:
1647:
1642:
1640:Kotak Mahindra
1637:
1632:
1627:
1622:
1617:
1612:
1607:
1602:
1597:
1592:
1587:
1582:
1577:
1572:
1567:
1562:
1557:
1552:
1547:
1542:
1537:
1532:
1527:
1522:
1517:
1512:
1507:
1502:
1496:
1494:
1483:
1474:
1468:
1467:
1455:
1454:
1447:
1440:
1432:
1426:
1425:
1420:
1415:
1404:
1403:External links
1401:
1398:
1397:
1386:. 3 April 2022
1375:
1349:
1296:
1243:
1229:
1176:
1146:
1135:. 8 April 2017
1120:
1094:
1068:
1042:
1016:
990:
968:
942:
923:
902:
876:
865:
851:
826:
801:
776:
765:on 5 June 2016
746:
728:
703:
677:
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491:Gyöngyöshalász
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381:Gujarat, India
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2212:Indus Towers
2167:GMR Airports
2157:Federal Bank
2082:Bharat Forge
2062:Bandhan Bank
2032:Apollo Tyres
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1945:Shree Cement
1895:Jindal Steel
1515:Asian Paints
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460:
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273:Total equity
250:Total assets
161:Onkar Kanwar
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86:INE438A01022
36:Company type
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2247:Laurus Labs
2197:Indian Bank
2177:Gujarat Gas
1810:Canara Bank
1780:Adani Power
1720:Tata Motors
1650:LTIMindtree
1565:Divi's Labs
1505:Adani Ports
1333:|last=
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1087:25 February
983:14 December
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571:17 December
479:Netherlands
350:and one in
348:Netherlands
309:apollotyres
2472:Categories
2432:Union Bank
2322:Oracle FSS
2222:JSW Energy
2027:Alkem Labs
1975:TVS Motors
1960:Tata Power
1870:Indian Oil
1725:Tata Steel
1705:Sun Pharma
1680:Power Grid
1615:ICICI Bank
1560:Coal India
1525:Bajaj Auto
1030:ETAuto.com
844:9 February
534:References
227:Net income
165:(Chairman)
153:Key people
61:APOLLOTYRE
2317:Oil India
2187:IDBI Bank
2132:Delhivery
1880:Info Edge
1765:ABB India
1740:UltraTech
1635:JSW Steel
1595:HDFC Life
1590:HDFC Bank
1550:Britannia
1520:Axis Bank
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1272:cite news
1205:cite news
1061:17 August
1035:17 August
1009:17 August
1003:Tyrepress
961:17 August
889:Tyre Asia
48:Traded as
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2112:CG Power
1940:SBI Card
1915:Pidilite
1690:SBI Life
1685:Reliance
1605:Hindalco
1315:17 April
581:cite web
487:Enschede
448:Sri City
417:Enschede
373:Thrissur
369:Perambra
336:Thrissur
332:Perambra
324:Gurugram
128:Gurugram
93:Industry
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2292:Mphasis
2147:Escorts
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1990:Vedanta
1850:Havells
1757:Next 50
1655:M&M
1645:L&T
1625:Infosys
1585:HCLTech
1390:4 April
1195:12 June
1169:12 June
1139:12 June
769:10 June
483:Hungary
481:and in
425:Chennai
393:Chennai
371:Plant,
362:History
352:Hungary
328:Haryana
304:Website
183:Revenue
132:Haryana
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2397:Suzlon
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1995:Zomato
1910:Marico
1875:IndiGo
1755:NIFTY
1670:Nestlé
1580:Grasim
1575:Eicher
1490:NIFTY
1480:NIFTY
1471:NIFTY
670:14 May
639:14 May
485:. The
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377:Kerala
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340:Kerala
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2257:Lodha
1970:Trent
1885:IRCTC
1835:DMart
1825:Dabur
1805:Bosch
1745:Wipro
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1890:IRFC
1840:GAIL
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1665:NTPC
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