Apollo Tyres unveils new brand identity, five-year strategic growth vision

Tyre maker’s five key pillars to realise 5-year vision are digitalisation, technology and innovation, people, brand and sustainability.

Autocar Pro News Desk By Autocar Pro News Desk calendar 18 Jun 2021 Views icon16650 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Apollo Tyres unveils new brand identity, five-year strategic growth vision

Apollo Tyres today unveiled its new corporate identity and vision – ‘Driving Progress, Together’ – designed to set the strategic growth path for the next five years.

As a parent company for both the Apollo Tyres and Vredestein Tyres product brands, Apollo Tyres says it “is committed to bringing together a global community and fostering a diverse and inclusive culture, that powers innovation to transport, both its business and society forward.

This vision is supported by the organisation’s purpose, ‘Enabling Excellence’, a belief that excellence should be universally accessible, and the company’s role is to connect people globally to the tyres, tools and support they need to reach their potential.

Commenting on the need for the new identity, Neeraj Kanwar, Vice- Chairman and MD, Apollo Tyres said: “Our industry is going through a ea change, and with the increasing rate of transformation in key areas of our business, it is time for us to embrace that change. Our ambition is brought to life in our new identity. A company which has been built on strong foundations, relies on the creativity and energy within the organisation to forge ahead.”

With this corporate identity, created by London-based design-led creative company Jones Knowles Ritchie, the company has built a new purpose and vision for the whole organisation that everyone can identify with. The current Apollo Tyres logo will continue as the identity for the product brand – retaining the strength of the brand equity already established over many years. The exciting new identity unveiled last year for the Vredestein Tyres brand, building on its European heritage, will continue as well.

Five strategic growth pillars
The five key pillars to realise the company’s five-year vision are Digitalisation, Technology & Innovation, People, Brand and Sustainability. With the global pandemic accelerating the pace of digitalisation, and several changes in the industry including electrification and autonomous driving, this is a key focus area for the company as it continues to grow.

In addition, the increased focus on EVs, autonomous driving, VR and use of AI to improve safety and sustainability, will make technology a key pillar for Apollo Tyres. Multi-cultural and diverse teams have better business outcomes and are more likely to be innovative and agile, and hence people become one of the key pillars for the company.

Brand will continue to be a key focus area for the company as it aims to further strengthen its two product brands – Apollo Tyres and Vredestein Tyres. With the target of being carbon neutral going forward, sustainability is critical to business success, increasing the use of renewable materials and reduction in waste being key goals.

RELATED ARTICLES
Magna wins reconfigurable seating business with Chinese OEM

auther Autocar Pro News Desk calendar18 Jun 2024

Innovative system offers two rows of seats on long rails with a fully rotating front row; flexible layout enables more i...

Iveco and Foton to jointly explore future synergies in EVs and components

auther Autocar Pro News Desk calendar18 Jun 2024

With Foton, the Iveco Group will investigate the option of utilising Iveco sales channels for commercialisation of an el...

Hyundai Motor president Jaehoon Chang appointed co-chair of Hydrogen Council

auther Autocar Pro News Desk calendar18 Jun 2024

Hyundai president and CEO Jaehoon Chang will become the new co-chair, alongside Linde CEO Sanjiv Lamba of the Hydrogen C...