India's Largest Database on New Projects
Apollo enters Bangladesh market
29 December 2010: Apollo has ventured into the Bangladesh market by tying up with Rahimafrooz Distribution, manufacturer and distributor of automotive and industrial batteries.
The Rahimafrooz Group, with its aspirations is a perfect partner for us, with its robust network, its trained sales force and service backup. It has more than 10 exclusive outlets across Bangladesh having more than 500 dealers and retailers.
The Bangladesh cross-ply tyre market in the commercial segment has a market size of 45,000 and 30,000 heavy and light commercial vehicle tyres a month.
Apollo Tyres currently exports to 70 countries. It manufactures tyres in three continents and has four plants in India, four in South Africa and one in the Netherlands.
Source: Business Standard