In 2016 the State Government of Andhra Pradesh and Gurugram headquartered Apollo Tyres Limited, signed Memorandum of Understanding. the Apollo Tyres Limited will set up its new manufacturing unit at Chittoor district of the Andhra Pradesh. The foundation stone of the manufacturing unit was laid on two year ago 9 January 2018 by the CM of Andhra Pradesh.
Thursday June 25 2020, Apollo Tyres has announced the commissioning of the Manufacturing unit that is spread over 256 acres (103.6 Hectare). Apollo Tyres Decided Rs 3,800 crores will be investing in upcoming years. Apollo Tyres Globally, 6 manufacturing unit and 5th Apollo Tyres again setup 7th unit in India.
The Apollo Tyres create 850 jobs oppertunity.
upcoming year 2022, The manufacturing unit, the Apollo Tyres has set a per day target to roll out 15,000 passenger car tyres and 3,000 truck-bus radials.
Apollo Tyres commissions its Manufacturing Plant in Andhra Pradesh Apollo Tyres commissions its Manufacturing Plant in Andhra Pradesh