Onkar Kanwar Net Worth is510 $Million
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Company Name: Apollo Tyres Limited
Company Logo: Image:Apollo Tyres logo.svg /
Company Type: Public company
Foundation: 1972[http://www.apollotyres.com/downloads/atl-corporate-presentation.pdf]
Location: Gurgaon, Haryana, India[http://business.in.com/article/boardroom/apollos-play-in-europe/21562/1]
Key People: Onkar S Kanwar (Chairman & MD), Neeraj R S Kanwar (Vice-Chairman & MD)
Industry: Tyres
Revenue: 12153/c[http://www.apollotyres.com/india/downloads/press/financial/2012/apollo-tyres-revenue-crosses-US$-2.5-billion-10-5-2012.pdf]
Homepage: http://www.apollotyres.com
Apollo Tyres Ltd is the world's 15th biggest tyre manufacturer, with annual consolidated revenues of Rs 121.5 billion (US$ 2.5 billion) in 2011. It was founded in 1976. Its first plant was commissioned in Perambra, Kerala. In 2006 the company acquired Dunlop Tyres International of South Africa. The company now has four manufacturing units in India, two in South Africa, two in Zimbabwe and 1 in Netherlands. It 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 Accredited Dealers.
It gets 59% of its revenues from India, 28% from Europe and 13% from Africa.
It is planning to become the 10th biggest tyre manufacturer in the world with annual revenues of $6 billion by 2016.
1976 Apollo Tyres was registered
1977 1st plant established at Perambra, Kerala, India
1991 2nd plant at Limda, Gujarat, India
1994 Started selling tyres for 2-wheelers
1995 3rd plant at Kalmassery, Kerala, India
2006 Expanded operations outside India by acquiring Dunlop's Africa operations.
2008 new plant at Chennai, Tamil Nadu, India
In 2009, Apollo Tyres acquired the Netherlands-based winter-tyre maker Vredestein Banden B.V. (VBBV) for an undisclosed sum from Russia's bankrupt largest tyre manufacturer Amtel-Vredestein NV.
It currently sells 30,000 tyres/month in Europe, which is a 250 million tyres/year market.

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Onkar Kanwar Latest News

Thailand to import Vredestein tyres from new Apollo factory in Hungary

Also present were Onkar S Kanwar, right, chairman, and Neeraj Kanwar, left, vice chairman and managing director, of Apollo Tyres. The company’s board of directors and senior management were also present on the occasion. Located less than 100 kilometres ...
Posted: April 24, 2017, 7:39 pm

Panama papers expose: DLF, Apollo, Indiabulls deny charges

The list included Ahmedabad-based billionaire Gautam Adani's brother Vinod Adani, film actors Amitabh Bachchan and Aishwarya Rai, corporate lawyer Harish Salve, and Onkar Kanwar of Apollo Tyres. Real estate firm DLF's promoter K P Singh's family and ...
Posted: April 5, 2016, 1:51 pm

Apollo Tyres go the distance in Sri Lanka

Apollo Tyres was founded by Onkar Singh Kanwar who laid a foundation to strengthen the company, taking it on to the world stage. Kanwar’s father, Raunaq Singh, one of India’s greatest post-independence entrepreneurs, acquired the licence in 1974 to ...
Posted: July 14, 2017, 1:11 am
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