Apollo Tyres -- Investment Argument

Apollo Tyres 

Investment Argument

Apollo Tyres is a leader in the truck and bus segment with a market share of 28%. 

Apollo derives more than 70% of sales from the high margin replacement market. The replacement demand has already shown signs of picking up despite subdued demand from the OEM’s recently. 

Apollo has a significant presence in the radial tyres segment. Low penetration of radial tyres in India coupled with increasing demand will drive growth for Apollo tyres. 

Natural rubber prices have softened from 210 / kg in Dec 2011 to 171 / kg as on 28th November, 2012, thus protecting the margins.

Apollo Tyres will be expanding its global footprint over the next 5 years. It will be investing Rs.5,545 crores (US$1 bn) which includes setting up new Greenfield plants in South East Asia and Eastern Europe. It will also be hiking its production capacity in Netherlands to 7.5 mn units p.a. from 6 mn units p.a. The expansion plans would drive the growth of the company in the near future. 

Any Content material offence , contact me freely on kuberbshiva06@gmail.com.. this content rewrites or copied from Top level web-source - [ ],

Thank you

Prabhakar [ vampseo]

Indian SEO blogger