Apollo Tyres, the leading India-based tyre manufacturing company, has opened its global R&D centre in Chennai to serve the markets in India, Asia Pacific, Middle East and Africa.
Addressing the media, Sathish Sharma, President, Apollo tyres said, “We have invested Rs 90 crore to set up this global R&D centre. This is the 2nd global R&D centre trailing the one from the Netherlands at Enschede in Europe setup primarily to cater to the European and American regions. Technology and Marketing are the 2 pillars in which every company drives and Apollo too chauffeurs with the same concept. For future we made investments in run flat tyre technology and ongoing electronics in tyres in these R&D centres.” The 2 global R&D centres in addition to the core research, service the product development needs of the respective regions.
Besides the 2 R&D centres, the company also has setup 2 satellite R&D centres in Bengaluru and Germany. The Advanced Engineering Centre in Bengaluru is working towards integrating electronics into tyre technology and another one in Raunheim (Germany) is working towards establishing tyres with leading German OE customers for Apollo brands. Speaking at the inauguration function, Neeraj Kanwar, Vice Chairman and Managing Director, Apollo Tyres, said, “We are furthering the dimension of R&D to usher in contemporary technology to service our customers in the chosen markets. The 2 R&D centres will materialise our vision.”
This story is from the December 2016 edition of Auto Components India.
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This story is from the December 2016 edition of Auto Components India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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