ADVERTISEMENT

Apollo Tyres Eyes Double-Digit Growth In First Half Of This Financial Year

Apollo Tyres witnessed high teen volume growth in the previous quarter, its managing director said.

A worker stacks Apollo truck tyres at its retail outlet in New Delhi, India (Photographer:Amit Bhargava/Bloomberg News.)  
A worker stacks Apollo truck tyres at its retail outlet in New Delhi, India (Photographer:Amit Bhargava/Bloomberg News.)  

Apollo Tyres Ltd. sees double-digit growth in the first half of the current financial year, its Vice Chairman and Managing Director Neeraj Kanwar said.

The momentum is still positive both for commercial and passenger vehicles, Kanwar told BloombergQuint in an interview. “The government’s investments in infrastructure will give another growth to the commercial vehicle industry which is also going to help us in revenue,” he said.