Apollo Inaugurates Manufacturing Facility In India: Aims For Leadership In The Two-Wheeler Segment

Apollo Tyres is aiming for leadership in the premium two-wheeler segment in India, and service the global markets with high-end bias and steel radial tyres. The premium segment constitutes nearly 20 per cent of the two-wheeler market in India and is one of the fastest-growing ones.

Apollo Inaugurates Manufacturing Facility: Aims For Leadership In The Two-Wheeler Segment

Apollo Tyres has inaugurated a dedicated commercial facility to manufacture two-wheeler radial and cross-ply tyres. The plant was inaugurated virtually by the Chairman, Onkar S Kanwar, while Vice Chairman and MD, Neeraj Kanwar and other Supervisory Board members of the Company also joined on this occasion, along with some selected Business Partners.

Apollo Inaugurates Manufacturing Facility: Aims For Leadership In The Two-Wheeler Segment

Commenting on the leadership drive in the premium two-wheeler segment, Neeraj Kanwar, Vice Chairman and MD, Apollo Tyres Ltd, said, "We are aiming for a strong foothold in the high-value, highly profitable premium motorcycle tyre market, which caters to the top 20% of motorcycle market in India, and the entire Europe and Americas market. We now have a global portfolio of high-end bias and steel radial tyres for the two-wheeler segment, which will be produced at our highly advanced and futuristic facility in Vadodara, Gujarat."

Apollo Inaugurates Manufacturing Facility: Aims For Leadership In The Two-Wheeler Segment

The facility is spread over more than 10,000 square metre area. The plant is capable of producing 30,000 motorcycle radials and 60,000 motorcycle cross-ply tyres per month. It will also cater to the premium segment of the two-wheeler industry.

Apollo Inaugurates Manufacturing Facility: Aims For Leadership In The Two-Wheeler Segment

In other recent auto news, Ducati has confirmed that the Panigale V2 will be launching next month on the Indian shores and the company has started accepting pre-bookings for the upcoming motorcycle for an amount of Rs 1 lakh. The new Ducati Panigale V2 will replace the brand's 959 Panigale.

Apollo Inaugurates Manufacturing Facility: Aims For Leadership In The Two-Wheeler Segment

Mechanically, the Ducati Panigale V2 is powered by a 955cc Superquadro L-twin engine. The unit produces 155bhp of power and 104Nm of peak torque. The engine comes mated to a six-speed gearbox. The motorcycle also borrows the entire electronics kit from the previous generation 959 model, but with a reworked traction control system that performs more efficiently.

Apollo Inaugurates Manufacturing Facility: Aims For Leadership In The Two-Wheeler Segment

Thoughts about the manufacturing facility inaugurated by Apollo

As far as manufacturing good high-end bias and steel radial tyres, through this facility, Apollo will be able to cater to the needs of all the two-wheeler segments, which also include premium ones.

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Read more on: #apollo #auto news
Article Published On: Thursday, July 16, 2020, 12:21 [IST]
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