Apollo Tyres
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Sectors Automotive Jobs
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Founded Since 1850
Company Description
Apollo tyres are manufactured in India and Europe and are available across all categories, including commercial, passenger vehicles, two wheelers, farm and industrial.
As a brand philosophy, Apollo Tyres believes in giving its customers new choices that put them in control and help them to conquer the road ahead. Apollo enables individuals to achieve their own potential, when it comes to driving and in every area of life as reflected in its tagline ‘go the distance’.
A choice of global and Indian original equipment auto players, Apollo Tyres’ genesis dates back to the mid 1970s, when the first corporate identity was unveiled. It stood for passion, aggression and determination to achieve excellence in all spheres.
The company markets its products under our two global brands: Apollo and Vredestein. These products are available in countries across the globe through a vast network of branded, exclusive and multi-product outlets. Apollo Tyres has multiple manufacturing units in India, the Netherlands and Hungary.
At the end of the financial year 2021, the company clocked a turnover of US$ 2.34 billion, backed by a global workforce of approximately 19,000 employees.
As of March 31, 2021, the company traded in India on the Bombay Stock Exchange and National Stock Exchange, with 62.69% of shares held by the public, government entities, banks and financial institutions.
Vision
Driving progress, together.
Values
- Following Our Passion
- One Family
- Taking Responsibility
Andhra Pradesh greenfield facility commissioned
Apollo Tyres commissioned its 7th manufacturing unit globally, and the fifth one in India, with the first tyre rolling out today from the Andhra Pradesh greenfield facility in the southern part of the country. Chairman, Onkar S Kanwar, Vice Chairman and MD, Neeraj Kanwar, Supervisory Board members along with the entire Senior Management team participated virtually in this momentous occasion.
Located in Chinnapanduru village in Chittoor district of Andhra Pradesh (AP), this facility of Apollo Tyres is spread over 256 acres. The company will invest close to Rs 3800 crores in the Phase I of this greenfield facility. While the capacity will be ramped up gradually in the next 12 – 18 months, as the demand improves, by 2022, this plant will have a capacity to produce 15,000 passenger car tyres and 3,000 truck-bus radials per day. With a modular layout, the capacity at this facility can be replicated with minimal engineering efforts and with economies on investments.
Commenting on the commissioning of AP facility, Onkar S Kanwar, Chairman, Apollo Tyres Ltd, said, “This ultra-modern facility is a reflection of our growth aspirations and manufacturing capabilities, showcasing some of the best practices available across the globe in tyre manufacturing. This highly automated plant uses IT-driven systems and robotics, and employs young and skilled associates on the shopfloor, mostly hired locally. This plant mirrors the hopes and aspirations of the new self-reliant India. I would like to take this opportunity to thank the AP Government for all the support that they have extended towards setting up of this facility.”
The deployment of state-of-the-art manufacturing technologies at this facility will enable the company to target premium OEMs and after-market customers in India. This will further consolidate the company’s vision of providing world quality products to global markets.
Adhering to its environmental obligation, this facility has been designed to accommodate roof-top solar panels, to be introduced in a phased manner, for optimum usage of natural light for the shop-floor with an eco-friendly power source, and as a zero water discharge facility with an in-built effluent treatment plant. In addition, the company has ensured the usage of energy efficient utility and process equipments, and environment friendly coolants. To improve productivity and reduce human fatigue, ergonomically balanced and weight optimised material handling equipment has been used across the facility. A ‘Spine’ like central utility corridor services both passenger car and truck radial units in a seamless fashion.
This Manufacturing Execution System (MES) integrated plant has been set-up using 35000 tonnes of steel, and around 1.23 lakh cubic metre of concrete, with 12 million man hours of construction work. Currently, the built-up area of this facility is 216000 square metres, and it employs around 850 people.