Success in my Habit

Friday, May 3, 2013

Apollo Tyres sets up second export hub in Thailand

New Delhi: Automotive tyre manufacturer Apollo Tyres on Thursday said it had opened a sales office in Bangkok, making it the hub for Association of Southeast Asian Nations (Asean) operations.

Till now, the company used to export tyres to countries in the region.

After Dubai for the West Asia region, this is the second hub outside the company’s operations in India, the company said. Apollo Tyres also has sales offices in the Netherlands and South Africa.

In the last few years, the demand and acceptability of our tyres has increased manifold in the Asean region, said Satish Sharma, Chief (of the region).

He said Apollo was positioned to serve six million units a year in the commercial vehicle replacement tyre market in the region.

Sharma said the Asean region had become one of Apollo’s strongest export markets out of India, accounting for over 40 per cent of its export revenues.

Tyres for this region are produced out of Apollo’s four plants in India, including a modern facility in Chennai.

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