Davos 2025: Apollo Tyres Vice Chairman Says he's "Optimistic" About India's Auto Market

Davos 2025: Apollo Tyres Vice Chairman Says he's "Optimistic" About India's Auto Market

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Business

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Hard

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The transcript discusses Apollo's growth despite economic slowdown, with double-digit growth in trucks and farm sectors, and high single-digit growth in passenger cars. The company is optimistic about future growth, projecting 9-10% growth in commercial vehicles and 5-6% in cars. The global market analysis highlights India's potential, while Europe remains stagnant. The US market is a focus for growth, with plans to increase sales significantly. Challenges include supply chain disruptions and high commodity prices, particularly natural rubber and oil.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's vision for the US market in the next three to five years?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the natural rubber supply situation affecting the tire industry?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies does the speaker suggest for managing business challenges in the automotive sector?

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