Apollo Tyres announced its entry into the two-wheeler tyre segment in India with the unveiling of the Apollo Acti series two wheeler tyres. The range of Apollo Acti series tyres will be available for sale immediately at Apollo authorized dealers in all the markets across the country.
According to the company, the Apollo Acti series tyres are capable of dry and wet braking besides having high levels of cornering stability which becomes essential in Indian driving conditions. The tyres are made with new age polymers-based high mileage tread compound which have stress free casing structure apart from extra protection at tread and bead area.
Commenting on the occasion, Onkar S Kanwar, Chairman, Apollo Tyres, said, “This is a milestone for Apollo Tyres as the entry into the two-wheeler segment makes the company a full-range player. The presence in the two-wheeler segment will help the company cement its leadership position in India. The Apollo Acti series will provide the best value proposition to our customers along with an enjoyable driving experience.”
The two-wheeler category, which is reportedly growing at a CAGR of 8.5% in India, has a good potential for tyre manufacturers. As per rough estimates, India currently has 120 million two-wheelers. This, in addition to the demand from the business partners for the company’s two-wheeler tyres, led to the company’s foray into the two-wheeler tyre segment.
The company is launching 3 patterns each for the front as well as the rear application for motorcycles. Also launched are 2 directional patterns for front and rear application for scooters.
Speaking at the launch, Neeraj Kanwar, Vice Chairman & Managing Director, Apollo Tyres, said, “Our R&D and product team have spent over 2 years in developing the two-wheeler tyres, which are best suited for the diverse Indian road conditions. Like always, we have tried to introduce a product range which will delight our customers and allow them to have a seamless and enjoyable riding experience.”