InvestorQ : How do you view the recent foray of Apollo Tyres into truck and bus tyre segments in the US?
NISHA Nayak made post

How do you view the recent foray of Apollo Tyres into truck and bus tyre segments in the US?

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Priyanka N answered.
3 weeks ago
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Apollo Tyres has forayed into truck and bus tyres in the lucrative US and Canada markets. Apollo Tyres will manufacture the American range of truck and bus tyres at its manufacturing plants in Hungary and Chennai. These tyres will encompass regional, super-regional, coach and mixed-use applications. Key auto players like Bharat Forge and MSIL have been there for a long time and the move would be value accretive for Apollo.

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