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Apollo Tyres
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Apollo Tyres Ltd is the fastest growing top tier tyre manufacturer, with annual revenues of over US$ 1.2 billion (2007-08). It was founded in 1976. Its first plant was commissioned in Perambra in Kerala state. In 2006 the company acquired Dunlop Tyres International of South Africa. The company now has four manufacturing units in India, two in South Africa and two in Zimbabwe. It has a network of over 4,000 dealerships in India, of which over 2,500 are exclusive outlets. In South Africa, it has over 900 dealerships, of which 190 are Dunlop Accredited Dealers. "Apollo Tyres Ltd." has been pioneer in the implementation of "Six Sigma" among all the tyre companies in India, and is in the list of top 15 tyre manufacturers of the world in terms of Revenues.The construction of fully automated plant at chennai with a initial capacity of 6000 TBR and 8000 PCR is under progress. Apollo Tyres has acquired the Netherlands-based Vredestein Banden BV (VBBV) for an undisclosed sum from Russia's bankrupt largest tyre manufacturer Amtel-Vredestein NV.[1]
[edit] References
1. ^ http://abclive.in/abclive_business/apollo_tyres_vredestein_banden_bv.html Apollo
Official site Dunlop Tyres South Africa website Apollo Tyres Acquires Vredestein Banden BV
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Retrieved from "http://en.wikipedia.org/wiki/Apollo_Tyres" Categories: Industries based in Kerala | Indian company stubs
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