Apollo Tyres bullish on Indian, global economies

‘Pandemic gave us renewed vigour’

Leading tyre manufacturer Apollo Tyres, which has drawn up an ambitious target of reaching $5 billion by 2025-26, is bullish on the Indian and global economies and has started mapping possible scenarios for the coming months. “Despite the uncertainty of the third wave, I remain bullish on the strength of the Indian and global economies,” said chairman Onkar S. Kanwar, addressing the 48th AGM. He said the pandemic had made them to work with renewed vigour towards cost reduction and in enhancing manufacturing efficiencies across the organisation.