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"What Is Needed to Succeed Globally is Quality and Performance": Neeraj Kanwar, Apollo Tyres

Apollo Tyres nearly doubled capex to ₹1,403 crore in FY26 and has begun a new expansion cycle in FY27, with investments spanning premium tyres, digital manufacturing and product development.

Shahkar AbidiBy Shahkar Abidi calendar 09 Oct 2026 Views icon107 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

As Apollo Tyres Ltd nearly doubles its annual capital expenditure to Rs 1403 crore  in FY26 and launches a renewed capex expansion cycle for FY27, Vice Chairman and MD Neeraj Kanwar outlines the supplier’s global transformation. From consolidating European manufacturing in Hungary following the closure of its Enschede facility to expanding European premium passenger car tyre sales above 45%, Kanwar talks about how cloud simulation, AR/VR shop-floor upskilling, and powertrain-agnostic EV tyre engineering are sharpening Apollo’s competitive position against raw material volatility and shifting global market dynamics.

After three years of keeping annual capex near Rs 7.5 Bn, capex ...

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