While the latter two focus on commercial vehicles (region-specific), Apollo has a wide variety of products: two-wheelers, passenger vehicles, commercial vehicles, off-road vehicles, etc. The company produces tyres for all kinds of vehicles, under the banners Apollo, Vredestein, Kaizen and Regal. It also has an overseas office in Amsterdam, along with global R&D centres in India and Europe. It has a presence in over 100 countries and has manufacturing facilities across India (Chennai, Perambra, Limbda, Kalamassery), Hungary, and the Netherlands. And by the looks of it, it’s not too far behind in the race. Headquartered in GurgaonĪpollo Tyres came into being in 1972, and since then has consistently worked towards a numero uno position. It means Apollo sells the largest quantity of tyres in the country as original fitment on new vehicles in almost all categories. If you look at the 2018 – 2019 data, Apollo has been the most solid performer in the OE segment, in addition to its supreme performance in the CV sector. Further cementing its position are the sales figures from 2018 – 19: the company recorded overall sales of Rs 15,837 crore, making an overall profit of Rs 1096.87 crore (after taxation). As a replacement tyre brand, it’s still ahead. The brand is currently number 1 in overall sales, but in the domestic car market, it’s pipped to second by Apollo. MRF has also been commissioned to make vehicle-specific tyres in the past, and while not a lot of brands can handle that, MRF has consistently delivered. The current range comprises everything from entry-level ones to high-performance and luxury-car radials. It’s popularly seen as a brand with a wide variety of tyres on offer. In terms of the portfolio, MRF makes and sells tyres not just for passenger cars and motorcycles, but also for trucks and buses, farm machinery, OTR vehicles, LCV and SCV, Pickup, 3-Wheeler, etc. In India, MRF handles manufacturing at eight different plants: Goa, Ankenpally, Medak, Arkonam, Trichy, Tiruvottiyur, Kottayam, Puducherry, and Tiruchirapalli. The brand isn’t just known in the domestic market but also internationally - with presence in 65 countries.
What started as a balloon factory in Chennai in the mid-1940s, MRF has certainly come a long way. If you’re looking for the largest manufacturer of tyres in the country, then it’s MRF - short for Madras Rubber Factory. Let’s take a look at the various tyre companies operating in the Indian market. The major chunk of the tyres that are produced and sold in India are for motorcycles, followed by scooters, passenger vehicles, three-wheelers, LCVs, and trucks and buses. Considering that a year ago during the same period, the industry churned out 14.63 crore tyres shall give you a stronger idea. Take April – December 2019, and the number of tyres manufactured was staggering 13.65 crores. Even in these less than ideal times that we’re facing, it’s interesting to see how big the Indian tyre industry is.
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