Apollo Tyres rolls into two-wheeler market
Taking forward its legacy of offering best-in-class tyres for passenger and commercial vehicles, Apollo Tyres Ltd on Monday announced its entry into the two-wheeler tyre segment in India. All-new Apollo Acti series two wheeler tyres were unveiled by the company.
Designed and developed at the company’s Global R&D Centre in Chennai, Apollo Acti series for bikes and scooters, would cover nearly 85% of the replacement market for two-wheeler tyres in India.
Commenting on the development, Apollo Tyres Chairman, Onkar S Kanwar said, “This is a milestone for Apollo Tyres as the entry into the two-wheeler segment makes the company a full-range player.
“The presence in the two-wheeler segment will help the company cement its leadership position in India.
The Apollo Acti series will provide the best value proposition to our customers along with an enjoyable driving experience.” The two-wheeler category, which is growing at a CAGR of 8.5% in India, has a huge potential for tyre manufacturers.
As per rough estimates, India currently has 120 million two-wheelers. This, in addition to the demand from the business partners for the company’s two-wheeler tyres, led to Apollo Tyres’ foray into the two-wheeler tyre segment.
Speaking at the launch Vice Chairman and Managing Director of the company Neeraj Kanwar said, “Our R&D and product team have spent over 2 years in developing the two-wheeler tyres, which are best suited for the diverse Indian road conditions.
“Like always, we have tried to introduce a product range which will delight our customers and allow them to have a seamless and enjoyable riding experience.”
The Apollo Acti series tyres are capable of excellent dry and wet braking besides having very high levels of cornering stability which becomes essential in Indian driving conditions.
Designed with primary focus on grip, safety and comfort, these tyres are robust with optimally oriented tread blocks and grooves for ultimate grip and high speed cornering performance.
Made with new age polymers-based high mileage tread compound, these tubeless and tube type tyres have stress free casing structure with extra protection at tread and bead area. The exciting range of Apollo Acti series tyres will be available for sale immediately at Apollo authorised business partners in all the major markets across the country.