Apollo Tyre

What Apollo Tyre does

Apollo Tyres Ltd. (NSE/BSE: APOLLOTYRE) is an Indian-headquartered global tyre manufacturer founded in 1972, producing tyres across passenger vehicle, commercial vehicle, two-wheeler, off-highway, and industrial segments. The company operates two brands — the mass-market Apollo Tyres line and the premium European Vredestein brand (acquired 2009) — and serves both OEM fitment and the aftermarket replacement channel.

The company runs 7 manufacturing facilities split between India and Europe, two global R&D centres, and a distribution network of more than 14,200 dealers (approximately 7,200 in India and 7,000 in Europe), reaching customers in over 100 countries. Customers include global and Indian passenger and commercial vehicle OEMs, with the replacement market providing a diversified demand offset.

Revenue is generated through unit sales of tyres across product categories, geographies, and price points. Apollo's business model rests on a dual cost-base — lower-cost Indian manufacturing for price-sensitive markets and European plants serving premium OEM and replacement channels — combined with brand-led positioning across two distinct tiers. Headquartered in Gurugram, the company reported FY25 revenue of ₹209.48 Bn and net profit of ₹6.39 Bn, supported by 19,112 employees globally.

Name

Apollo Tyre

Legal name

Apollo Tyres Ltd.

Website

https://corporate.apollotyres.com

Company type

Public

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

Apollo Tyres Ltd. is an Indian-headquartered global tyre manufacturer founded in 1972, producing Apollo and Vredestein brand tyres for OEMs and the replacement market across 100+ countries from 7 manufacturing facilities in India and Europe.

Ownership category

akta.pro rank

Product category

Tyre Manufacturing

NAICS

Tire Manufacturing (32621), Tire Manufacturing (except Retreading) (326211)

SIC

Tires & Inner Tubes (3011), Motor Vehicle Parts & Accessories (3714)

akta.pro industry

PRIMARYIMACAIAK

Tires Manufacturing

Industrials, Manufacturing & Construction/Automotive & Mobility Manufacturing/Automotive Chassis, Suspension, Steering & Braking Systems

SECONDARYIMANAKAB

Light Truck/SUV Tires Manufacturing

Industrials, Manufacturing & Construction/Plastics & Rubber Manufacturing/Tires & Inner Tubes Manufacturing

SECONDARYIMANAKAD

Off-the-Road (OTR) & Heavy Equipment Tires Manufacturing

Industrials, Manufacturing & Construction/Plastics & Rubber Manufacturing/Tires & Inner Tubes Manufacturing

SECONDARYIMANAKAE

Agricultural Tires Manufacturing

Industrials, Manufacturing & Construction/Plastics & Rubber Manufacturing/Tires & Inner Tubes Manufacturing

SECONDARYIMANAKAI

Industrial/Solid & Specialty Tires (Forklift, Skid-Steer) Manufacturing

Industrials, Manufacturing & Construction/Plastics & Rubber Manufacturing/Tires & Inner Tubes Manufacturing

SECONDARYCRAOANAD

Tires, wheels & related supplies distribution

Consumer Products & Retail/Wholesale, Distribution & Category Management/Automotive Aftermarket Parts & Accessories Distribution

Keywords

• Passenger car tyres
• Truck and bus radials
• Off-the-road tyres
• Two-wheeler tyres
• Agricultural tyres

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices8 records

Markets served

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

1. Tyre Manufacturing and Sales: Apollo Tyres generates revenue through the manufacture and sale of tyres for passenger vehicles, commercial vehicles, two-wheelers, farm and industrial applications. The company operates 7 manufacturing facilities across India and Europe.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Apollo Tyres manufactures and sells a full range of tyres for passenger cars, trucks, buses, two-wheelers, agricultural vehicles, off-the-road (OTR) equipment, and industrial applications under the Apollo, Vredestein, and Apollo Amazer brands. It serves both OEMs and the replacement market, supported by manufacturing facilities in India, Hungary, and the Netherlands, and a global distribution network spanning over 100 countries.

Product overview

Apollo Tyres Ltd operates as a global tyre manufacturing company with two primary brands: Apollo Tyres (core brand) and Vredestein (premium brand acquired in 2009 from the Netherlands). The company produces a comprehensive portfolio of tyres spanning passenger vehicles, two-wheelers, trucks and buses, and light trucks. Apollo Tyres serves as the original equipment choice for global and Indian automotive manufacturers, while Vredestein targets the premium automotive segment with high-performance tyres featuring design partnerships with Giugiaro and styling collaborations with Lumma Design, Hamann, and Mansory. The company operates 7 manufacturing facilities across India and Europe, with 2 global R&D centres, serving over 100 countries through approximately 14,200 dealers.

Differentiator

Problem solved

Functional benefit

Brands

• Apollo Tyres: Choice of global and Indian original equipment auto players, available across all categories including commercial, passenger vehicles, two-wheelers, farm and industrial. Tagline: 'go the distance'.
• Vredestein

Products and services

• Apollo Passenger Car Tyres

Quantifiable outcome

• Achieved A- rating in CDP Climate Change and Water Security Leadership in 2025
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• GPSNR (Global Platform for Sustainable Natural Rubber)coreStrategic or Co-development Partner · 1 March 2019Apollo Tyres joined GPSNR in March 2019 to improve social, economic, and environmental aspects within the natural rubber supply chain. The company has signed a commitment to uphold the 12 Principles of Sustainable Natural Rubber and is a member of the Smallholder Working Group, nominated as Country Champion for India.
• Giugiaro DesigncoreStrategic or Co-development PartnerVredestein brand has had a partnership with Italian design agency Giugiaro since 1997 for tyre design, creating visually distinctive premium tyres.
• Lumma DesignminorStrategic or Co-development PartnerPremium styling partner for Vredestein's Ultra High Performance tyres, creating exclusive designs for premium vehicles.
• HamannminorStrategic or Co-development PartnerPremium styling partner for Vredestein's Ultra High Performance tyres.
• MansoryminorStrategic or Co-development PartnerPremium styling partner for Vredestein's Ultra High Performance tyres.
• Rubber Board of IndiaminorStrategic or Co-development PartnerApollo Tyres partnered with Rubber Board of India to train women in rubber tapping, sheet making, sheet smoking and general entrepreneurial skills at the Rubber Sheet Making Unit in Kottayam, Kerala.
• WBCSD's Tire Industry ProjectcoreStrategic or Co-development PartnerGPSNR was initiated by WBCSD's Tire Industry Project members, committing to promote uptake of sustainable natural rubber in the global marketplace.

Scale indicators10 records

Recent moves9 records

Expansion highlights4 records

Broad incumbents

• Bridgestone Corporation: World's largest tyre manufacturer with a broad product portfolio overlapping Apollo across passenger, commercial, two-wheeler, and OTR. Competes in global OEM nominations and replacement distribution.
• Continental AG: German tyre maker with a strong European premium replacement presence comparable to Vredestein. Direct competitor in EMEA OEM channels for passenger and commercial vehicle tyres.
• Michelin: Global tyre leader with deep premium and UHP positioning analogous to Vredestein. Competes with Apollo in European replacement and global OEM channels; benchmark for premium pricing power and margin profile.
• Pirelli & C. S.p.A. Italian premium tyre maker with a UHP and prestige-car OEM focus that mirrors Vredestein's positioning. Apollo's CTO previously led R&D at Pirelli, underscoring how directly the two compete for premium share.
• Goodyear Tire & Rubber Company: American tyre major with broad global portfolio across passenger, commercial, and farm tyres. Competitor in global OEM bids and the replacement market; Apollo lacks Goodyear's North American manufacturing depth.
• Sumitomo Rubber Industries: Japanese tyre maker (Dunlop and Falken brands) with global OEM and replacement presence, particularly in Asia-Pacific. Comparable in farm/industrial and passenger tyre categories where Apollo competes.

Direct peers

• MRF Limited: India's largest tyre manufacturer with a comparable multi-segment portfolio spanning passenger, commercial, two-wheeler, farm, and industrial tyres. Most direct domestic competitor to Apollo on Indian OEM and replacement share.
• CEAT Limited: RPG Group-owned Indian tyre maker with overlapping product categories (passenger, two-wheeler, truck/bus, farm, industrial) and similar OEM and replacement GTM motions. Closely comparable in scale, customer mix, and Indian-market orientation.
• Balkrishna Industries (BKT): Indian specialty tyre maker focused on off-highway, agricultural, industrial, and earthmover tyres. Direct peer in the farm/industrial/off-road segment where Apollo's IMANAKAD, IMANAKAE, and IMANAKAI categories compete for OEM and replacement business.
• JK Tyre & Industries: Indian tyre manufacturer with strong presence in passenger, commercial, and farm/industrial segments plus two-wheeler tyres. Direct peer for Indian OEM and replacement dynamics, though smaller than Apollo in European footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/apollotyres
• YouTubeyoutube.com/user/ApolloTyresLtd
• Facebookfacebook.com/ApolloTyresLtd
• Instagraminstagram.com/accounts/login/?next=/apollotyresltd
• LinkedInlinkedin.com/company/apollo-tyre

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries25 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Apollo Tyre