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Apollo Tyres to increase market share to 3.5% from 2.5% in Europe: Report

Apollo Tyres is reportedly planning to increase its market share to 3.5 percent from current 2.5 percent in the next two-three years in Europe. The company is also planning to start supplying to major brands, including Volkswagen and Mercedes-Benz. It said the US would be its next stop for building brands.

Apollo Tyres is one of the leading tyre manufacturers in India with its product portfolio spread across tubeless and tube type tyres for cars, suvs, trucks, buses etc.

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