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Apollo Tyres inaugurates commercial facility to manufacture two-wheeler radial tyres

Wednesday, 15 Jul 2020
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Apollo Tyres has formally inaugurated a dedicated commercial facility to manufacture two-wheeler radial and cross ply tyres. 
 
The facility is spread over more than 10,000 sqmtrarea, the two-wheeler tyre manufacturing unit is housed within Apollo Tyres’ Limda plant in Vadodara in the state of Gujarat. 
 
The facility has an initial capacity to produce 30,000 motorcycle radials and 60,000 motorcycle cross ply tyres per month. Itwill cater to the premium segment of the two-wheeler industry.
 
With a modular layout of the facility, the capacity can be replicated easily as demand increases. 
 
Entering into the two-wheeler tyre business in 2016, Apollo Tyres became India’s first company to launch zero-degree steel radial tyres, a global gold standard for motorcycle tyres, and now commands a double-digit market share in this segment.
 
Apollo Tyres is aiming for leadership in the premium two-wheeler segment in India, and service global markets with high-end bias and steel radial tyres. 
 
The premium segment constitutes around 20 percent of the two-wheeler market in India and is the fastest growing one.
 
The segment is witnessing an increasing shift and growth due to rapid urbanisation, rising consumer income levels and increasing young population, which is driving the demand for tyres as well in this category.
 
The company now has a global portfolio of high-end bias and steel radial tyres for the two-wheeler segment, which will be produced at its highly advanced and futuristic facility in Vadodara.
 
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