THE INDUSTRY Tyre industry consumes over 60% of the total rubber production with respect to Indian economy. But in actuality only just around 52% of the tyre is natural rubber. Remaining 48% consist of synthetic rubber, carbon, chemicals, etc. The origin of tyre industry in India dated back to 1926 when Dunlop Rubber Limited set up the first tyre factory in West Bengal. MRF followed the suit in 1946. Since then the Indian tyre industry has grown rapidly. Transportation industry and tyre industry
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| Africa | Europe | Asia-Pacific | Industry | 0,336 | 0,055 | 0,265 | 0,344 | Apollo tyres sales | 0 | 0,135 | 0,245 | 0,62 | Cumulated sales | 0 | 0,135 | 0,38 | 1 | Cumulated sales- sales | 0 | 0 | 0,135 | 0,38 | Cumulated sales+(Cumulated sales-sales) | 0 | 0,135 | 0,515 | 1,38 | Industry[Cumulated sales+(Cumulated sales-sales)] | 0 | 0,74 | 13,75 | 47,47 | | | | | | | | | GIR | 61,96 | The International Strategy of Apollo Tyres. International position: The international
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Tyre companies stocks down on slow down in auto sales and gloomy economic outlook After enjoying positive ride in the first four months of this year due to falling raw material costs and revival in auto sales growth, stocks of tyre companies fell in April and May thanks to slow down in auto sales and gloomy economic outlook of the country which has dampened sentiments of investors. Stocks of Indian tyre companies had increased around 30% in the first one and a half month of this year while
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Limited is a tyre manufacturing company based in Mumbai & producing over 10 million tyres a year. Founded in Italy as CEAT Tyres by Virginio Bruni Tedeschi, the company established its manufacturing in India in 1958 and was sold to Pirelli by Virginio's heir Alberto Tedeschi in the 1970s. The company's Indian division was then taken over by RPG Enterprises in the year 1982 which also got the rights to the CEAT brand and renamed the company as CEAT Limited. CEAT owns two tyre manufacturing
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INTRODUCTION 1. INDUSTRY PROFILE Technology generation in the Indian tyre industry has witnessed a fair amount of expertise and versatility to absorb, adapt and modify international technology to suit Indian conditions. This is reflected in the swift technology progression from cotton (reinforcement) carcass to high-performance radial tyres in a span of four decades. Globalization has led to the linking of the economies of all the nations and therefore major Indian players in the tyre industry are pursuing
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WORDS International Marketing Strategy Grounded Theoretic KEY WORDS Approach Privatization Case Research Methodology Indian Banking Internationalization drives and export orientation are prominent in the organizational strategies of a number of leading Indian firms and multinationals located in India. This is a significant indicator of the growing competitiveness of firms, industries, and the nation. This paper examines the sources of competitive advantage in a few selected sectors and firms and
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OVERVIEW Apollo Tyres Ltd, with its corporate headquarters in Gurgaon, India, is in the business of manufacture and sale of tyres since its inception in 1972. Over the years, the company has grown manifold, establishing its footprint across the globe. The company has manufacturing presence in Asia, Europe and Africa, with 8 modern tyre facilities and exports to over 100 countries. Powered by its key brands — Apollo and Vredestein, the company offers a comprehensive product portfolio spread across
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will be amongst the most comprehensive in the industry. Funding the Cooper Deal In a deal that will make Apollo Tyres the world's seventh-largest tyre maker by revenue, the Onkar S Kanwar-promoted company will acquire a 100% stake in US-based tyre manufacturer Cooper Tire & Rubber Company for $2.5 billion, or around R14,500 crore. Apollo would fund the acquisition fully by raising fresh debt. The deal would be largest acquisition by an Indian company from the automotive sector, beating Tata
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India Seeking managerial level assignment in Techno-Commercial Quality Raw Material Materials Management Procurement & Purchase Inventory Management Commercial Operations Office Management (Paper/Tyre / Rubber processing/ Carbon Black Industry/ Chemical/Steel/processing industry/Trading Houses) ------------------------------------------------- ------------------------------------------------- High accomplished professional; hold more than two decades of enriched experience in
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others, his heart is bound to pay gratitude and is not merely formalities but an expression of deep sense of gratitude and cumulative appreciation. Now first and foremost, I feel highly obliged to Mr. R. K. Sharma, District Manager: Apollo Tyres Ltd. Muzaffarpur who got me placed for project training, which had sent materials, according to my topic for execution in order to perform the work for preparing this dissertation. I would like to mention something special about my supervisor Mr
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