Skip to main content
Sister Publication Links
  • Rubber & Plastics News
Subscribe
  • My Account
  • LogIn
  • News
  • Technology Focus
    • Features
    • Technical Papers
    • Analysis: Rubber mixing plants of the future
      Analysis: US probes dumping by ESBR suppliers
      Opinion: Tire labels stuck in a rut
      Analysis: NR pricing takes one step forward, two steps back
    • Technical paper: Varying Si-substituents for rubber silanes
      White paper: Role of tire innerliners in improving 'in-use rolling resistance'
      White paper: Why tire air retention matters now more than ever
      Nippon Soda: Use of 1,2-polybutadiene in CSM rubber applications
  • Events
    • ERJ Events
    • ERJ Livestreams & Webinars
    • Industry Events
    • Journey to Automation Awards 2020
      Sustainability: Top 10 E4S projects table
  • Maps & Reports
  • People
  • Directory
  • Digital Edition
  • Brainiac
MENU
Breadcrumb
  1. Home
  2. News
July 05, 2017 12:00 AM

Kanwar: Apollo under pressure from Chinese truck & bus tires

Shahrzad Pourriahi
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Kochi, India – Apollo Tyres' truck & bus tire operations are under pressure from cheap Chinese tire imports, according to company chairman Onkar Kanwar.

    Imports of low-cost radials for trucks and buses from China are proving to be a challenge for Apollo’s bias products manufactured at its Kerala plants in India, Kanwar said at the company’s AGM in Kochi on 5 July.

    Kanwar pointed out that another Indian tire maker had been forced to close a plant for the same reasons, though he did not identify the company.

    Apollo, he said, had put in place a strategy to expand its bias product portfolio for “other segments like mining, agriculture, etc... and building a leadership position in these segments.”

    During the meeting, Kanwar also unveiled the Vision 2020 growth strategy, which aims to make Apollo a “premier tire company with a diversified and multinational presence.”

    To that end, he said, the tire-maker will be looking to building “leadership” in India, ‘premiumisation’ in Europe, and explore “strategically attractive markets” where the company is not currently represented.

    Commenting on the new markets, Kanwar said Apollo “continues to work on products for the American market and other markets including ASEAN and Middle East to ensure that our products are available in various countries.”

    According to Kanwar, Apollo introduced specific products for certain markets last year including Malaysia, Thailand, Europe and India. He also highlighted the company’s opening of a greenfield tire plant in Hungary this April.

    At home, the chairman said Apollo “will continue to invest in its various plants for capacity expansion and technological [upgrades].”

    The company has already completed phase 1 of a truck & bus radial expansion at its Chennai plant.

    Apollo has also announced plans to set up a fifth Indian manufacturing plant in state of Andhra Pradesh to create capacities for the two-wheeler tires and other emerging product categories.

    RECOMMENDED FOR YOU
    New European tire label scheme set to hit the road 
    New European tire label scheme set to hit the road 
    DRT to proceed with construction of new plant
    DRT to proceed with construction of new plant
    Phillips Carbon Black marks clear recovery path
    Phillips Carbon Black marks clear recovery path
    Free Newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Get the latest news impacting the European rubber industry, from breaking news to razor-sharp analysis, in print and online.

    Subscribe now
    Connect with Us
    • LinkedIn
    • Twitter
    • Youtube

    Logo
    Contact Us

    @ 2019 European Rubber Journal. 
    European Rubber Journal is published bi-monthly by NUERJ Ltd.

    Registered Office: Castle House, 89 High Street,
    Berkhamsted, Hertfordshire HP4 2DF, United Kingdom. 

    Tel. + 44 (0)203 196 0141 

    Registered No. 13104613 England

    Email: [email protected]

    Website www.european-rubber-journal.com

    Customer service 

    Tel. + 44 (0)203 196 0141 

     

    Resources
    • About us
    • Contact Us
    • Advertise with Us
    • Media Kit
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 2021. NUERJ LTD. All Rights Reserved.
    • News
    • Technology Focus
      • Features
      • Technical Papers
    • Events
      • ERJ Events
      • ERJ Livestreams & Webinars
      • Industry Events
    • Maps & Reports
    • People
    • Directory
    • Digital Edition
    • Brainiac