In November 2012, Apollo Tire 's India Business Leader stated that the company plans to build a factory in Southeast Asia in the near future and it is possible to build a new plant in Eastern Europe in the next few years to increase tire production capacity and Product competitiveness.

Satish Sharma, head of Indian business at Apollo Tire, said in an interview with the Financial Chronicle recently: “The demand for our company’s products in Asia is continuously increasing. In order to gain high competitiveness in this region, we need Have your own manufacturing facility in your area.”

Satish Sharma also pointed out that Apollo tires currently sold in Southeast Asia are all produced in India. In this region, tire sales account for 30% of total exports. To further expand local business, Apollo tires are planned for the current financial year (2012). April to March 2013) Firstly set up a sales and marketing office in Southeast Asia.

Apollo Tire currently sells tires in Europe through the Apollo and Fred brands. Satish Sharma said that the company’s plans to build plants in Europe depend on the recognition and demand of local consumers for their products if local market demand With further growth, exporting tyres from Indian factories to Europe will no longer be a viable business option in the long run.

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