Apollo Tyres
Apollo Tyres is a multinational tyre manufacturer founded in 1972, producing passenger, commercial, two-wheeler, and off-highway tyres under the Apollo and Vredestein brands, selling in 100+ countries and serving OEM manufacturers and replacement markets globally from facilities in India, Hungary, and formerly the Netherlands.
- Company typePublic
- Founded1972
- HeadquartersGurugram, India
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Apollo Tyres does
Apollo Tyres Ltd is a publicly listed multinational tyre manufacturer founded in 1972 and headquartered in Gurgaon, India (NSE/BSE ticker: APOLLOTYRE). The company designs, manufactures, and sells tyres across four primary segments — passenger vehicles, commercial vehicles (truck-bus), two-wheelers, and off-highway applications — under two principal brands: Apollo Tyres (mass-market and global flagship) and Vredestein (premium European winter and all-season range). Manufacturing is concentrated in India (Chennai, Andhra Pradesh, Limda in Gujarat, Oragadam) with European operations in the Netherlands (now being wound down) and Hungary, complemented by an outdoor tyre testing facility in Ivalo, Finland under a long-term agreement with UTAC.
The company's product technology centres on proprietary compounds and pattern designs (e.g., Apterra HT5's Armour Technology and Hybrid Fill Compound, Truck-Bus Bias XT 1x/XT 2x/XR 1x patterns) developed at the Global R&D Centre in Chennai, with growing investment in EV-specific tyre development. AI/ML capabilities are deployed as applied process tools — GenAI in IT Service Management, AI-powered defect analysis (cutting analysis time from 7 hours to under 10 minutes), and Industry 5.0 human-AI control towers in factories.
Apollo generates revenue through hardware sales via two channels: OEM supply to vehicle manufacturers (Volkswagen, Ford, SEAT, KTM, Triumph and others) and replacement/aftermarket sales through an extensive dealer network, wholly-owned international sales subsidiaries (UK, Germany, France, Netherlands, Switzerland, Poland, Spain, Middle East, Thailand, USA, Brazil), and an emerging rural mobile store initiative in India. FY26 consolidated revenue reached ₹28,471 crore (~9% YoY growth) with net profit of ₹1,372 crore (+22.3% YoY), selling into 100+ countries. Distribution is the core commercial engine, augmented by high-visibility brand marketing including a ₹579 crore lead sponsorship of the Indian Cricket Team.
Apollo Tyres firmographics
Firmographics- Name
- Apollo Tyres
- Legal name
- Apollo Tyres Ltd
- Website
- https://apollotyres.com
- Company type
- Public
- Founded year
- 1972
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Apollo Tyres is a multinational tyre manufacturer founded in 1972, producing passenger, commercial, two-wheeler, and off-highway tyres under the Apollo and Vredestein brands, selling in 100+ countries and serving OEM manufacturers and replacement markets globally from facilities in India, Hungary, and formerly the Netherlands.
- Ownership category
- akta.pro rank
Apollo Tyres industry classification
Industry- Product category
- Tyre Manufacturing
- NAICS
- Tire Manufacturing (32621)
- SIC
- Tires & Inner Tubes (3011)
- akta.pro primary industry
- Tires Manufacturing (IMACAIAK)
- akta.pro secondary industries
- Light Truck/SUV Tires Manufacturing (IMANAKAB), Motorcycle & Scooter Tires Manufacturing (IMANAKAF)
Keywords
Where Apollo Tyres is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices8 records
Markets served
Apollo Tyres business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Tyre Sales: Apollo Tyres generates revenue primarily through the manufacture and sale of tyres across multiple segments including passenger vehicles, commercial vehicles, two-wheelers, and off-highway applications. The company sells products under Apollo and Vredestein brands in over 100 countries.
- OE and Replacement Segments: Revenue streams include OEM supply to vehicle manufacturers and replacement market sales through extensive distribution network
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Apollo Tyres product offering
Product offeringCore offering
Apollo Tyres is a multinational tyre manufacturer that designs, produces, and sells a comprehensive range of tyres across passenger vehicles, commercial vehicles, two-wheelers, and off-highway applications. The company sells under the Apollo and Vredestein brands across more than 100 countries through OEM supply agreements, an extensive replacement-market dealer network, and export distribution channels.
Product overview
Apollo Tyres is a multinational tyre manufacturer offering a diversified product portfolio spanning multiple tyre categories. The company operates two primary brands: Apollo Tyres (main brand serving passenger vehicles, commercial vehicles, two-wheelers, and off-highway segments globally) and Vredestein (premium sub-brand focused on winter and all-season high-performance tyres primarily in Europe). Key product lines include the Apterra HT5 premium highway terrain tyre for SUVs, and a comprehensive Truck-Bus Bias Tyre Range featuring XT 1x, XT 2x, and XR 1x patterns for commercial fleet applications. The company sells products in over 100 countries worldwide through its manufacturing facilities in India, the Netherlands, and Hungary.
Differentiator
Problem solved
Functional benefit
Brands
- Apterra HT5: Premium highway terrain tyre for SUVs, developed at Apollo Tyres' Global R&D Centre in Chennai and manufactured at Andhra Pradesh and Chennai facilities, featuring Armour Technology and Hybrid Fill Compound.
- Vredestein
Products and services
- Apollo Tyres Main tyre brand offering passenger vehicle, commercial vehicle, two-wheeler, and off-highway tyres, sold globally through OEM supply, replacement dealer networks, and export channels.
- Vredestein Premium European tyre brand focused on high-performance winter and all-season tyres for passenger cars and commercial vehicles, primarily distributed across European and international markets.
- Apterra HT5 Premium highway terrain tyre for SUVs featuring Armour Technology and Hybrid Fill Compound for improved durability, mileage, and grip, targeting consumer SUV owners in the Indian replacement market.
- Truck-Bus Bias Tyre Range (XT 1x, XT 2x, XR 1x) Commercial vehicle tyre range in 10.00-20 size with XT 1x and XT 2x drive patterns for traction, durability, and load carrying, plus XR 1x steer pattern for stability and even wear, designed for fleet owners and commercial transport operators.
Quantifiable outcome
- Q4 FY26 truck-bus radial sales grew over 20% YoY
- +2 more outcomes
Companies that use Apollo Tyres
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Apollo Tyres technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature4 records
Apollo Tyres partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor, core and flagship.
- Saral Jeevan India FoundationminorStrategic partnership to empower rural women entrepreneurs and expand inclusive economic opportunities through digital platforms, part of Apollo Tyres Foundation's EK NAAM initiative.
- Frontier MarketsminorPartnership to support rural women entrepreneurs through digital platforms, enhancing inclusive economic opportunities as part of Apollo Tyres Foundation's sustainability initiatives.
- UTACcoreLong-term agreement with UTAC, a globally recognized automotive testing and certification group, for Apollo Tyres' dedicated outdoor tyre testing facility at Ivalo, Finland. The facility features dedicated snow and ice tracks and advanced measurement systems for braking, handling, traction, and stability testing of winter and all-season tyres.
- Global Suppliers and Partnerscore8th Global Partners' Summit held in Gurugram bringing together suppliers, innovators, and business leaders for panel discussions on strategy, sustainability, and manufacturing excellence. Includes plant visits to Andhra Pradesh facility and awards ceremony recognizing outstanding partners.
- BCCI (Board of Control for Cricket in India)flagshipLead sponsorship of Indian Cricket Team with ₹579 crore deal, granting Title Sponsor Rights for all home international matches (both men's and women's teams) and domestic cricket tournaments. Apollo Tyres logo features on front and leading arm of official Team India jersey.
Scale indicators13 records
Recent moves12 records
Expansion highlights6 records
Apollo Tyres competitors and assessment
Company assessmentBroad incumbents
- Continental AG: German premium tyre maker with strong European OEM presence; competes with Vredestein in premium passenger and winter/all-season categories.
- Michelin: Global #1 tyre maker with broad portfolio across passenger, truck, and specialty segments; Apollo competes via Vredestein in European premium and via Apollo brand in emerging markets.
- Bridgestone: World's largest tyre manufacturer by some measures, with extensive global OE and replacement footprint; competes with Apollo across passenger and commercial categories worldwide.
- Goodyear Tire & Rubber: American legacy tyre manufacturer with global passenger and commercial vehicle portfolio; competes with Apollo in international replacement and OEM channels.
- Pirelli & C. S.p.A. Premium tyre maker focused on high-end passenger and motorsport segments; competes with Vredestein and Apollo in European premium channels.
- Sumitomo Rubber Industries: Japanese tyre manufacturer producing Dunlop and Falken brands globally; competes with Apollo in commercial and passenger segments, and notably acquired assets from Apollo's terminated Cooper Tire deal.
Direct peers
- MRF Limited: India's largest tyre manufacturer by revenue, competing head-to-head with Apollo in passenger, commercial, two-wheeler, and off-highway segments across OEM and replacement channels in India and exports.
- CEAT Limited: RPG Group-owned Indian tyre maker with comparable portfolio across PCR, TBR, two-wheeler, and off-road tyres; competes with Apollo in Indian OEM and replacement markets.
- JK Tyre & Industries: Indian tyre manufacturer with strong commercial vehicle and passenger car radial presence, overlapping with Apollo in Indian OEM fitments and replacement distribution.
- Balkrishna Industries (BKT): Indian off-highway tyre specialist with growing presence in agricultural, industrial, and OTR segments; competes with Apollo's off-highway portfolio globally.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Apollo Tyres social profiles
Digital presenceApollo Tyres compliance and trust
Trust signalCompliance4 records
Apollo Tyres financial estimates
Financial estimateRevenue estimate
Valuation estimate
Apollo Tyres leadership team
Management profileNumber of profiles
Profiles20 records
Apollo Tyres subsidiaries and ownership
Company hierarchySubsidiaries20 records
Apollo Tyres funding detail
Funding detailFunding overview
Funding rounds2 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Apollo Tyres M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Apollo Tyres
What does Apollo Tyres do?
Apollo Tyres is a multinational tyre manufacturer that designs, produces, and sells a comprehensive range of tyres across passenger vehicles, commercial vehicles, two-wheelers, and off-highway applications. The company sells under the Apollo and Vredestein brands across more than 100 countries through OEM supply agreements, an extensive replacement-market dealer network, and export distribution channels.
Is Apollo Tyres a public or private company?
Apollo Tyres is a public company. It is classified as public and is currently operating.
When was Apollo Tyres founded?
Apollo Tyres was founded in 1972. It employs 5,001 to 10,000 people.
Where is Apollo Tyres based?
Apollo Tyres is headquartered in Gurugram, India, in the Asia region.
How does Apollo Tyres make money?
Two revenue lines are on record. Tyre Sales are the primary driver. The others are OE and Replacement Segments.
Who are Apollo Tyres's main competitors?
Broad incumbents on record are Continental AG, Michelin, Bridgestone, Goodyear Tire & Rubber, Pirelli & C. S.p.A. and Sumitomo Rubber Industries. Direct peers are MRF Limited, CEAT Limited, JK Tyre & Industries and Balkrishna Industries (BKT).
Does Apollo Tyres have an API?
No public API is recorded for Apollo Tyres.
What industry is Apollo Tyres in?
Apollo Tyres's product category is Tyre Manufacturing. Its primary akta.pro industry code is IMACAIAK, Tires Manufacturing, with a secondary code of IMANAKAB, Light Truck/SUV Tires Manufacturing. Its NAICS code is 32621 and its SIC code is 3011.