Apollo Tyres has set up an office in Malaysia, which is the third largest automotive market in the ASEAN region. Subsequent to setting up its sales and distribution hub in Bangkok for the ASEAN region, Apollo Tyres has been increasingly focusing on expanding its footprint in South East Asia. The company is aiming to gain a bigger market share in the Malaysian replacement tire market, which has an annual capacity of 580,000 truck-bus radials and 9.5 million passenger car tires. Apollo Tyres is building a complete team of sales and service personnel to work with Malaysian customers.
With one of the best road infrastructures in the entire ASEAN region, Malaysia has above 90% radialization levels in the commercial vehicle segment. Apollo Tyres is keen to further establish the Apollo brand at the top tier of the truck-bus radials market. Similarly, Apollo’s passenger car tire portfolio is capable of servicing nearly 90% of the Malaysian car tire market, which is currently one of the largest in the ASEAN region.
1 June, 2016