Apollo Tyres plans ₹3,500 crore capacity expansion
pre-market1 source ↓written by the desknot a recommendation
- capital investment programme
- ₹3,500 crore
- will be allocated
- ₹3,000 crore
Apollo Tyres announced a ₹3,500 crore capital investment programme to expand its manufacturing capacity in India and Europe. Approximately ₹3,000 crore will be allocated to enhance operations in India, addressing rising raw material costs and improving efficiency. This move aims to support growing demand and maintain capacity utilisation near 90%.
Not investment advice. For informational purposes only.