About Apollo Tyres Ltd
The company is headquartered in Gurugram, Haryana, India. Apollo Tyres operates globally, catering to a diverse range of markets. The company specializes in manufacturing tyres for passenger cars, trucks, buses, and two-wheelers. It ensures a comprehensive product portfolio that meets various customer needs.
The promoters of Apollo Tyres include Sunrays Properties & Investment Co. Pvt. Ltd. They hold a 37.36% stake in the company. Their leadership has been instrumental in driving the company’s growth and success over the years.
Apollo Tyres is one of the leading tyre manufacturers in India. It remains a significant player with a strong market presence. The company’s promoter shareholding, as per its latest financial reports, reflects the confidence and commitment of its promoters.
Apollo Tyres’ registered office is on the 3rd Floor, Areekal Mansion, Panampilly Nagar, Kochi 682036, Kerala, India. The company’s registrar is KFin Technologies Pvt. Ltd.
Key management promoters figure include:
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Onkar Kanwar
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Neeraj Kanwar
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Gaurav Kumar
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Francesco Crispino
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Francesco Gori
These people in the management team have been pivotal in steering the company towards continued success.
Company Purpose
Apollo Tyres Ltd. was established in 1972. It is a leading name in the tyre manufacturing industry. The company’s purpose is “Enabling Excellence.” This reflects its commitment to making excellence accessible to all. This purpose is rooted in the belief that everyone should have the tools, support, and products they need to reach their full potential. Apollo Tyres aims to connect people worldwide with high-quality tyres and related services. They are ensuring safety, reliability, and performance.Core Principles and Vision
Apollo Tyres operates on core principles. These principles emphasize creating stakeholder value through reliable products and reliable relationships. The company has a vision of “Driving Progress, Together.” It underscores its dedication to fostering progress and innovation in the tyre industry. Apollo Tyres strives to be a premier tyre company with a diversified and multinational presence. It is driving progress in both its business and the communities it serves.
Global Presence and Product Range
With a global footprint, Apollo Tyres has six manufacturing units. There are four in India and one each in the Netherlands and Hungary. It sells its products under two international brands: Apollo and Vredestein. The company’s products are sold in over 100 countries. This is done through an extensive network of branded, exclusive, and multi-product dealerships. The product portfolio includes tyres for passenger cars, SUVs, MUVs and light trucks. There are also trucks, buses, two-wheelers, agriculture, industrial, speciality and bicycle. Its services also include off-the-road tyres, as well as retreading materials.
Commitment to Sustainability and Responsibility
Apollo Tyres is committed to building a responsible and sustainable business that benefits society. The company has been recognized for its initiatives in HIV-AIDS awareness. It has also stepped into the prevention for the trucking and allied communities and its waste management efforts. These initiatives highlight Apollo Tyres’ dedication to social responsibility. It plays a big role in positively impacting the communities it serves.
Innovation and Excellence
Innovation is at the heart of Apollo Tyres’ operations. The company constantly invests in analysis and development. The idea is to bring cutting-edge technology and innovative products to the market. This focus on innovation ensures that Apollo Tyres remains at the forefront of the tyre industry. It is providing customers with high-performance and reliable products.
Inclusive Culture and Leadership
Apollo Tyres fosters an inclusive culture that brings together its people, partners, and community. The company’s leadership, including key figures like Onkar Kanwar (Chairman) and Neeraj Kanwar (Vice Chairman & MD). They play a pivotal role in steering the company towards continued success. Their vision and guidance have been instrumental in driving Apollo Tyres’ growth. The company is maintaining its position as a leading tyre manufacturer.
Market Position and Recognition
Apollo Tyres is a significant player in the tyre industry. It is among the top stocks in the sector. However, it ranks among the global top 20 tyre makers and has a strong market presence. The company’s turnover reflects its robust financial performance and market position. Apollo Tyres has also been recognized as the “Best Company to Work For” in both Asia and Europe. This further highlights its commitment to excellence and employee satisfaction.Apollo Tyres Ltd.’s purpose of “Enabling Excellence” is a testament to its belief in providing high-quality products and services. These solutions empower people to achieve their best. The company has a strong focus on innovation, sustainability, and social responsibility. Apollo Tyres continues to drive progress in the tyre industry and beyond. The company has an inclusive culture, visionary leadership, and a global presence. These ensure that it remains a trusted and reliable partner for customers worldwide.
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