On Wednesday, 10 May, Prime Minister Viktor Orbán hosted the chairman and the board of directors of the Indian tyre manufacturer giant, Apollo Tyres, for a working dinner at the Carmelite Monastery. Members of the corporation’s board of directors also visited the company’s tyre factory in Gyöngyöshalász, Hungary.
The Prime Minister and the company’s management agreed that the six years since the start of Apollo Tyres’ operations in Hungary have been characterised by exceptionally close cooperation and good relations between the company and the Hungarian government.
They noted that the ‘success story’ of Apollo Hungary carried an especially strong message in 2023 given that this year marks the 75th anniversary of the establishment of diplomatic relations between Hungary and India. The meeting was attended by several members of the government: ministers Péter Szijjártó, Mihály Varga, János Lázár, and János Csák, Balázs Orbán, the prime minister’s political director, as well as by government commissioners and state secretaries.
Apollo Tyres
Apollo Tyres is a leading Indian tyre manufacturer founded in 1972 in the city of Perambra, Kerala, India. The company started its operations with a single manufacturing plant in Perambra, and since then, it has grown to become one of the largest tyre manufacturers in the world. In the early years of its operations, Apollo Tyres focused on producing bias-ply tyres for commercial vehicles. However, with the changing market demands, the company diversified its product range to include radial tyres for passenger cars, SUVs, and other light vehicles.
Over the years, Apollo Tyres has expanded its operations globally, and currently, it has manufacturing plants in India, the Netherlands, and Hungary. The company has a strong presence in more than 100 countries and employs over 16,000 people worldwide. In Hungary, Apollo Tyres established its first manufacturing plant in 2017 in the city of Gyöngyöshalász. The plant is equipped with state-of-the-art technology and has an annual production capacity of approximately 5.5 million passenger car and light truck tyres. Today, Apollo Tyres is recognised as a leading global tyre manufacturer with a strong focus on innovation, quality, and customer satisfaction. The company is committed to meeting the evolving needs of its customers and contributing to the development of sustainable mobility solutions.
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