Global R&D Centre, Asia formally inaugurated
Apollo Tyres formally
inaugurated its Global R&D Centre, Asia just outside the southern Indian
city of Chennai. This is company’s 2nd Global R&D Centre, after the Global
R&D Centre, Europe in the Netherlands, which is operational since 2013.
Onkar S Kanwar, Chairman and Neeraj Kanwar, Vice Chairman & Managing
Director, Apollo Tyres inaugurated the
Global R&D Centre, Asia in the presence of the company’s Supervisory Board
of Directors and Members of the Management Board.
The two Global R&D Centres
of Apollo Tyres, in addition to the core research, service the product
development needs of the respective regions. The Global R&D Centre, Europe
in Enschede, the Netherlands with a team size of 150+ people, services the
Europe and America region. While the Global R&D Centre, Asia having an
employee strength of 140-odd people, services the product development needs for
the entire Asia Pacific, Middle East & Africa region.
Besides the two Global R&D
Centres, Apollo Tyres also has set-up two satellite R&D Centres in
Bengaluru and Germany. The Advanced Engineering Centre in Bengaluru is working
towards integrating electronics into tyre technology, where as the one in
Raunheim (Frankfurt), Germany is working towards establishing ties with leading
German OE customers for both Apollo and Vredestein brands.
Few years back the company had
restructured its Research & Development team, across key geographies, to
create synergy and greater alignment to the company’s growth aspirations; and
to generate speed and relevance while entering new markets.