The facility will start production in early 2017 and manufacture Apollo and Vredestein branded tyres to cater to the entire European market, the company said in a statement.
Construction of Apollo Tyres' first European greenfield plant in Gyongyoshalasz, Hungary, started today with the foundation stone laying ceremony, it said.
Viktor Orban, Prime Minister of Hungary and Onkar S Kanwar, Chairman of Apollo Tyres, jointly laid the foundation stone of the facility in the presence of various executives of the company.
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