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Apollo Tyres to roll out Vredestein brand from Indian facilities soon,[link widoczny dla zalogowanych]
By having an aggressive business expansion plan in place,[link widoczny dla zalogowanych], Apollo Tyres is placed to start manufacturing the Vredestein branded tyres in the Indian facilities in the next month or two; primarily to cater the export markets in Middle-East and Asia-Pacific region such as the key markets of Indonesia and Australia.
may start rolling out Vredestein tyres from your Chennai or Vadodara factory in 3-6 months,[link widoczny dla zalogowanych], Mr Satish Sharma,[link widoczny dla zalogowanych], Chief,[link widoczny dla zalogowanych], India operations,[link widoczny dla zalogowanych], told Business Line in Dubai recently. He,[link widoczny dla zalogowanych], however,[link widoczny dla zalogowanych], clarified that initially such productions will be in very small quantities.
The process is simple. Apollo will enter the brand conscious radial markets in West Asia and Asia Pacific with Vredestein situated in the premium category,[link widoczny dla zalogowanych], then Apollo to make sure a share of different value segments.
we price approximately Bridgestone and Hankook,[link widoczny dla zalogowanych], he explained.
The group happens to be sourcing our prime value tyres from the Netherlands-based Apollo Vredestein BV (AVBV) for sales within the Middle-East markets like Lebanon and Israel,[link widoczny dla zalogowanych].
the future we will export Vredestein tyres towards the Gulf countries from Indian operations,[link widoczny dla zalogowanych], Mr Sharma said. With cheap petrol cheaper than a bottle of packaged water Gulf countries are major users of fuel-guzzling four-wheel drive passenger vehicles, popularly referred as 4 X 4 vehicles, requiring high quality tyres.
Having established itself as a technology player,[link widoczny dla zalogowanych], the organization plans to launch a twin attack (with Vredestein and Apollo) to seize a sizable pie of the lucrative high value passenger radial market.
The approach should stay the same for grabbing a share of the premium passenger car tyre market of Indonesia. With oil priced slightly higher than in Dubai or Abu Dhabi but less than half the list price in India; and, Indonesia enjoys riding the mid and premium segment cars.
is a competitive market. However, having done business in Europe,[link widoczny dla zalogowanych], we are confident from the value proposition in our car radial portfolio,[link widoczny dla zalogowanych], an Apollo official said.
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