What is the latest status of the project “Apollo Tyres”?

The status recorded for “Apollo Tyres” is completed.

Who are the main government, EPC, and private stakeholders for “Apollo Tyres”?

Taiyo maps the stakeholders of “Apollo Tyres”: government bodies (International Finance Corporation (IFC)).

Where can I verify the source and access all details for “Apollo Tyres”?

This Taiyo project page references International Finance Corporation (IFC) along with the original URL (https://disclosures.ifc.org/project-detail/SPI/11434/apollo-tyres). Taiyo standardizes official data into a consistent, searchable project profile.

Apollo Tyres

Sector: Automotive • Location: India

Source: International Finance Corporation (IFC)

Project

Completed

ATL is India’s second largest in sales and amongst the top 20 tire manufacturers in the world. The company has undertaken a corporate investment program of US$51 million which comprises (i) setting up a truck radial tire plant at its Baroda facility, (ii) marginal expansion at other plants, (iii) maintenance capital expenditure at each of its plants, and (iv) debt refinancing. Through IFC investme

Project Information

4 Q

The project “Apollo Tyres” is an infrastructure initiative in the Automotive sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Company	Obfuscated Data

Status

Original status	completed
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Contact

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Description

Description	ATL is India’s second largest in sales and amongst the top 20 tire manufacturers in the world. The company has undertaken a corporate investment program of US$51 million which comprises (i) setting up a truck radial tire plant at its Baroda facility, (ii) marginal expansion at other plants, (iii) maintenance capital expenditure at each of its plants, and (iv) debt refinancing. Through IFC investment, ATL will be able to access long term financing to implement this project. IFC is helping ATL to introduce best corporate governance practices in its operations. IFC’s investment will have significant development impact as it will help a leading tire manufacturer in India to maintain its leadership position by modernizing its product range. IFC is also encouraging the company to increase its social investment layouts for the benefit of communities around its plant locations.
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Original Currency	USD
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Location

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Source

Source reliability	High
Data quality score	100%
Source	Obfuscated Data
URL	obfuscated_data,obfuscateddata.com

More Details

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Apollo Tyres

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