Epic Research Update : Apollo Tyres

Apollo Tyres is reportedly expecting 50 per cent increase in export revenue from Asia Pacific, West Asia and North African markets in this fiscal. The region has contributed around 11 per cent of the company’s turnover of Rs 8,507 crore in FY13. Meanwhile, the company has set up its own dealership network with 18 people on ground. The marketing structure is the same as in India and does not involve any intermediary.

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