Apollo Tyres plans ₹3,500 crore capex for FY27
after close1 source ↓written by the desknot a recommendation
- capital expenditure plan
- ₹3,500 crore
- will be invested
- ₹3,000 crore
- in Europe
- ₹500 crore
- allocated for growth
- 80%
- across operations
- 90%
Apollo Tyres has announced a ₹3,500 crore capital expenditure plan for FY27, focusing on expanding manufacturing capacity amid strong demand. Of this, ₹3,000 crore will be invested in India and ₹500 crore in Europe, with 80% allocated for growth initiatives. Current capacity utilization is around 90% across operations, indicating robust market demand.
Not investment advice. For informational purposes only.