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Apollo Tyres Planning China Expansion

Apollo Tyres is reportedly working on a strategy to enter China, currently the world's largest tyre producing and exporting market. If Apollo is successful in this venture it would be the first Indian tyre manufaturing company to establish a permanent production presence in China. “We aim to be a global tyre producer with footprints in all corners of the world,” Onkar Kanwar, Apollo Tyres' chairman, said at the launch of the brand in Europe, adding: “Only China is out of bounds right now but we will chart a strategy to be present there as well, through either a joint venture or a contract manufacturing arrangement.“.. To read the FULL article, please login or register below.


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