Apollo Tyres Limited is an Indian Multinational tyre manufacturing company headquartered in Gurugram, Haryana. It was incorporated in 1972, and its first plant was commissioned in Perambra in Chalakudy, Kerala (India). The company now has five manufacturing units in India, one in the Netherlands and one in Hungary. It has a network of nearly 5,000 dealerships in India, of which over 2,500 are exclusive outlets.
The company generates 69% of its revenues from India, 26% from Europe and 5% from other countries.
Apollo announced its entry into the two-wheeler tyre segment with contract manufacturing in March 2016.
The company’s second plant in Europe was inaugurated by the Hungarian Prime Minister, Viktor Orban, in April 2017