A Mini Project on Organizational

Behaviour with reference to Apollo tyres

Human Resource disciplinary mini project reported submitted in partial fulfillment of
the requirements for the degree of

MASTER OF BUSINESS ADMINISTRATION

Submitted by

R. MELWIN SYNTHIYA
RA2252001010098
Under the Guidance of

Dr.G.PRABU
Assistant Professor
College of Management
SRM Institute of Science and Technology
Kattankulathur, Chengalpattu

October 2022
TABLE OF CONTENTS

CHAPTER TITLE PAGE

NO NO

1 INTRODUCTION 1-2

2 INDUSTRY PROFILE 3-5

3 COMPANY PROFILE 6-14

4 HR DEPARTMENT 15-20

5 OBSERVATION 21

CONCLUSION
 CHAPTER 1 INTRODUCTION

Apollo Tyres Limited is an Indian Multinational tyre manufacturing company headquartered

in Gurugram, Haryana. It was incorporated in 1972, and its first plant was commissioned
in Perambra in Chalakudy, Kerala (India). The company now has five manufacturing units in
India, one in Netherlands and one in Hungary. It has a network of nearly 5,000 dealerships in
India, of which over 2,500 are exclusive outlets.
The company generates 69% of its revenues from India, 26% from Europe and 5% from other
countries.
Apollo announced its entry into the two-wheeler tyre segment with contract manufacturing in
March 2016.
The company's second plant in Europe, was inaugurated by the Hungarian Prime
Minister, Viktor Orban, in April 2017. Shares of Apollo Tyres Ltd. rose to their highest in
little over two years in February, 2021 trading at ₹253.10.
Apollo Tyres Ltd. was incorporated on 28 September 1972 in India as a Public Limited
Company and obtained certificate of Commencement of Business on 24 October 1972. The
company was promoted by Bharat Steel Tubes, Ltd., Raunaq International Pvt. Ltd., Raunaq
& Co. Pvt. Ltd., Raunaq Singh, Mathew T. Marattukalam and Jacob Thomas. In 1975, the
company made its Initial public offer of equity shares and its first manufacturing facility was
commissioned in Perambra Plant, Thrissur, Kerala, India in 1977, followed by its 2nd plant at
Limda, Gujarat, India in 1991. The company acquired Premier Tyres Limited- PTL in 1995,
which became its 3rd plant at Kalamassery, Kerala, India. In 2008, it started a new plant
at Chennai, Tamil Nadu, India. A year later in 2009, the company acquired the Netherlands-
based tyre maker Vredestein Banden B.V. (VBBV) for an undisclosed sum
The company focused on the production of truck tyres in India and introduced its first truck
tyre, Rajdhani in India. The company expanded its operation across India and in 1996, it
expanded operations outside India by acquiring Dunlop's Africa operations. In 2013, it
disposed of the Dunlop brand in Africa along with most of the South African operation in a
sale to Sumitomo Rubber Industries of Japan. The very same year, it started its Global R&D
Centre, Europe in Enschede, the Netharlands.
 CHAPTER 1 INTRODUCTION

 Domestic production by the leading tire brands in India started. The Rubber Company and
India Tire were the key players. This was the very phase when the tariff and non-tariff
barriers were first imposed in the country.
Top tyre brands in India in this phase started manufacturing tyres making use of foreign
technology. New rules and regulations were made for the repatriation of monetary profits of
foreign companies as well as the expansion of capacities. Exports obligations were also
imposed on the multinational companies to safeguard the local tire brands in India from
external competition. 
This was the phase when some leading Indian business conglomerates took entry into the
Indian tire manufacturing market in technological collaboration with multinational
companies. This was the time when radial tires were introduced in the country by the
leading tyre brands in India with substantial growth in tire production and exports as well.
This is considered to be the most important and stimulating phase for the Indian tyre
manufacturing industry. This was the phase when liberalization was initiated in the external
trade and import duties were drastically cut down. In this very phase, various multinational
players either started manufacturing tires independently or established significant tie-ups with
any leading tire manufacturing company in India with Indian capital. Liberalized imports
were also permitted in this very phase. 
As of now, the entire tire manufacturing market in India is concentrated with around 10
leading tire brands that are manufacturing and supplying around 80% of the total tires
produced in the country. Looking forward, the experts are of the view that the industry is
expected to show a significant upward curve during 2021-2025.   
CHAPTER 2 INDUSTRY PROFILE