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Apollo Tyres bets ₹3,500 crore on expansion as rubber spike and Dutch plant closure test margins

The tyre maker plans to spend in FY27, 2.5 times last year’s capital expenditure, to expand capacity in India and Hungary while absorbing higher raw material costs and a costly European restructuring

By Amit Vijay Mohile· BusinessLine· 10 days ago· 2 min read
Apollo Tyres bets ₹3,500 crore on expansion as rubber spike and Dutch plant closure test margins