Construction of Apollo Chennai Factory to Start by Late October

A company source indicates the new Apollo Tyres greenfield radial facility in preparation on the outskirts of Chennai, India, will enter operation late next year. The Hindu Business Line newspaper was informed that the plant’s first construction phase will commence by the end of October at a cost of 10 billion rupees (£125.7 million). Overall, development of the 135 acre site, which will deliver a daily capacity of 200 tonnes, will cost 22 billion rupees (£276.5 million).

The source further commented that Apollo has become a “high-performance company” and the leading Indian tyre manufacturer with revenues of over US$1.2 billion. “It is built around the core principles of creating stakeholder value through reliability in its products and dependability in its relationships,” he said. The company has a network of over 4,000 dealerships in India, of which over 2,500 are exclusive outlets. In South Africa, it has over 900 dealerships, of which 190 are Dunlop Zones, the source added.