 "Apollo strives to build brands")
Apollo Tyres expects to be a key beneficiary of a sharp recovery in India's automobile market and a pick up in the economy. It would gain from a higher off-take of tyres by the automakers on the one hand and its ripple effect that would result in a steady growth for the replacement demand, on the other.
But even as the demand and volume outlook remains strong, a persistent inflationary trend in commodities has been a pain point and will weigh on the margins, said Satish Sharma, President Asia Pacific, Middle East and Africa
“Businesses across industries are seeing a
