APOLLO TYRES – RTN asia

Apollo Tyres refutes Economic Times report on Kumho acquisition

2017-10-022017-10-02 | Trisha Thomas

Apollo Tyres said it ‘strongly denies’ the Economic Times report that it was trying to acquire South Korea’s No. 2 tyre maker Kumho Tire for $900 million. “Apollo Tyres strongly denies the story headlined ‘Apollo Back in Kumho Race as Geopolitics Sours China Deal’ that appeared in the print edition of ‘The Economic Times’ on […]

Apollo Tyres to invest Rs 525 cr in Andhra Pradesh

2016-11-102016-11-10 | Devika Nithin

Apollo Tyres today signed an agreement with the Andhra Pradesh government to set up a manufacturing facility in the state. “As per the Memorandum of Understanding, the company will invest approx. Rs 525 cr for setting up this facility in Andhra Pradesh bordering the south-eastern coast of India,” said the company. The proposed manufacturing facility […]