Enough research to show road infra's huge multiplier effect: Onkar S Kanwar

In a Q&A, the chairman of Apollo Tyres sees multiple growth triggers for the domestic industry ahead, but notes that relentless commodity inflation is the biggest pain point for companies

Onkar S Kanwar, chairman, Apollo Tyres tells Shally Seth Mohile that the domestic tyre industry will have multiple growth triggers in the years to come, the most notable being the government’s flagship infrastructure project. Relentless commodity inflation is the biggest pain point for companies, he adds. Edited excerpts:

With the majority of the benefits from the curbs on imports from Chins already having played out, what could the additional triggers for the Indian tyre companies be?

I think that the growth triggers will result from the multiplier effect from the National Infrastructure Pipeline for FY 2019-25. The government has allocated