ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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KEC INTERNATIONAL-High Hopes from Merger

Hit by Automobile Slump THE flagship company of the Apollo group of companies, Apollo Tyres, has plants located at Perambra and Kochi in Kerala, Baroda in Gujarat and Pune in Maharashtra. The company manufactures tyres in technical collaboration with General Tyre, US, which is owned by Continental AG, the fourth largest tyre manufacturer globally. Apollo Tyres has captured a 23.2 per cent market share in the truck tyre segment and an 18 per cent market share in the light commercial vehicle tyre segment. The company recently took over Premier Tyres and Stallion Tyres in order to consolidate its market strength, following which it expects to capture a 10 per cent market share in the radial passenger car tyre segment.

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