Apollo Tyres plans ₹3,500 crore capex for FY27 expansion
pre-market1 source ↓written by the desknot a recommendation
- capital expenditure
- ₹3,500 crore
- allocated for India
- ₹3,000 crore
- for Europe
- ₹500 crore
- in both regions
- 90% capacity utilization
Apollo Tyres has announced a ₹3,500 crore capital expenditure for FY27, with ₹3,000 crore allocated for India and ₹500 crore for Europe. The investment aims to enhance manufacturing capacity amid 90% capacity utilization in both regions. This expansion reflects strong demand and positions the company for future growth.
Not investment advice. For informational purposes only.