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Jul 15, 2020
 
Apollo Tyres inaugurates 2W radial tyre facility in Gujarat
 

Spread over more than 10,000 square metre area, this two-wheeler tyre manufacturing unit is housed within Apollo Tyres' Limda plant in Vadodara, in the western Indian state of Gujarat.

Apollo Tyres has an initial capacity to produce 30,000 motorcycle radials and 60,000 motorcycle cross-ply tyres per month New Delhi: Apollo Tyres on Wednesday inaugurated a dedicated commercial facility to manufacture two-wheeler radial and cross-ply tyres in Gujarat.

The plant was inaugurated virtually by the Chairman, Onkar S Kanwar, while Vice Chairman and MD, Neeraj Kanwar and other Supervisory Board members of the Company also joined on this occasion, along with select Business Partners, as per the company release.

This facility, which has an initial capacity to produce 30,000 motorcycle radials and 60,000 motorcycle cross-ply tyres per month, will cater to the premium segment of the two-wheeler industry, the company said.

With this facility set-up, the tyremaker is aiming for leadership in the premium two-wheeler segment in India, and service the global markets with high-end bias and steel radial tyres.

Commenting on the leadership drive in the premium two-wheeler segment, Neeraj Kanwar, Vice Chairman and MD, Apollo Tyres Ltd, said, "We are aiming for a strong foothold in the high-value, highly profitable premium motorcycle tyre market, which caters to the top 20 percent of the motorcycle market in India, and entire Europe and Americas market. We now have a global portfolio of high-end bias and steel radial tyres for the two-wheeler segment, which will be produced at our highly advanced and futuristic facility in Vadodara, Gujarat".

With a modular layout of the facility, the capacity can be replicated easily, as the demand increases, Apollo Tyres said.

Entering into the two-wheeler tyre business in 2016, Apollo Tyres claims to be India's first company to launch zero-degree steel radial tyres, a global gold standard for motorcycle tyres, and now commands a double-digit market share in this segment.

 
 
 
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