After enduring a challenging year in FY25, Apollo Tyres is looking forward with optimism to the opportunities as it sharpens execution and investment in future-ready capabilities, according to company Chairman Onkar Kanwar.
In his address to shareholders in the company's annual report for 2024-25, Kanwar said the company has already put in motion key initiatives to drive performance, including expanding passenger car radial (PCR) capacities at its Hungary and Andhra Pradesh plants, with an estimated capex of Rs 1,500 crore.
Reflecting on FY25, he said, the company's commitment to the core principles of "profitable growth, market expansion and a relentless focus on cost and quality" remained constant.
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