Apollo Tyres Ltd is the world's 11th biggest tyre manufacturer with 1300 franchise outlets
Established in 1972, Apollo Tyres is India’s largest maker of tyres for commercial vehicles. Over the years, as the organisation grew and expanded its footprint across geographies, several brands either joined or were born into its fold.
A Smooth Ride
Apollo Tyres Ltd is the world's 11th biggest tyre manufacturer, with annual consolidated revenues of ₹146.74 billion.
Apollo Tyres believes in giving its customers new choices that put them in control and help them to conquer the road ahead. The brand enables individuals to achieve their own potential when it comes to driving and in every area of life as reflected in its tagline 'go the distance'.
The Brand is currently focusing on metros for car tyres and rural markets for commercial vehicles to achieve its leadership goal in the domestic market by 2020-21.
Satish Sharma, President (Asia Pacific, Middle East and Africa), Apollo Tyres, said, “We are focused on growth in the rural market especially for commercial vehicles and metros for car tyres where we are not so strong, we want to position ourselves as a premium brand, which is being reflected in our communication strategy.”
The Franchising World, India’s no.1 franchising magazine, identifies the top 100 franchising brands and celebrates their achievements every year in its anniversary issue. The issue highlights the established Indian and big global brands that are increasing their positioning in India along with the new-age brands that are lucrative and profitable, expanding fast.
Apollo Tyres is among the top 100 franchise brands listed in India, making it one of the most desirable and profitable franchises currently. It currently has 1300 franchise outlets. The increasing number of franchise recounts an inspiring story of secure business success in teaming up with the Apollo group.
Benefits of Getting In Top 100 Franchise List
The Franchise Top 100 is the one-stop destination to know everything about the franchise industry which establishes the authority, and strength to evaluate the growth of the franchise industry.
Getting enlisted among the top 100 franchises could help you share your brand’s growth story, inspiring and motivating budding entrepreneurs and franchisees that are willing to work in the same industry.
Getting among the top 100 franchise list increases the brand value and credibility, welcoming new growth opportunities. Also, it could help in attracting more customers to ensure your position and growth as a brand in the industry.
It also acts as a reference guide to budding entrepreneurs and investors as it renders solution to all their queries like: which brands are growing fastest? Which brands are rising to the top? It will further help them to adjudicate, in which brand they should invest their capital for better profits.
Franchising / Distribution Commenced On: 2013
Investment: 35-80 lakhs
Area Required: 1000-2000 sq. ft.