ASEAN first, then Europe – Apollo
During an interview with an Indian publication, Apollo Tyres’ chief of India operations commented on plans to establish a Greenfield plant in the ASEAN (Association of Southeast Asian Nations) region in the near future, while a factory in Eastern Europe may follow a couple of years later. Speaking with the Financial Chronicle, Satish Sharma said a favourable volume outlook was a key motivating factor behind the company’s plans in Asia.