CHENNAI, India (Nov. 10, 2016) — Apollo Tyres Ltd. has inaugurated a Global Research & Development Centre located near its Chennai tire factory in that city's Oragadam Industrial Corridor.
The center, Apollo's second “global” R&D facility, will service the product development needs for the Asia/Pacific, Middle East and Africa regions, Apollo said, with a staff of roughly 140.
“Apollo Tyres has been at the forefront of launching breakthrough products over the past four decades suiting the Indian context,” Apollo Tyres Chairman Onkar Kanwar said at the facility's christening. The new center “will break new frontiers and accelerate our R&D vision for India and the region.”
Mr. Kanwar also said this step aligns with the vision of Indian Prime Minister Shri Narendra Modi for “Brand India” — with technology being one of the core sectors for India's becoming a global power.