Having made its mark in Europe, Apollo Tyres of India is carefully plotting a strategy to enter the United States. Neeraj Kanwar, vice-chairman of Apollo Tyres Ltd. Apollo TyresCurrently, India contributes 69% to Apollo's consolidated revenue followed by Europe at 26%. Tyres ready to be cured at Apollo Tyres' Chennai facility. The plant in Holland is running at 90-95% capacity and one million tyres are still being exported from India to Europe annually. Madras Rubber Factory currently has the biggest share of around 30% in India's tyre market followed by Apollo at about 20%.

Source: Bangkok Post May 15, 2017 05:37 UTC