Apollo Tyres Ltd.
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Chief Executives
Onkar S Kanwar, Chairman & Managing Director
Neeraj R S Kanwar, Joint Managing Director & COO
Apollo Tyres Ltd Ltd., Gurgaon, Haryana, has signed a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. with the Tamil Nadu Tamil Nadu (tăm`əl nä`d ), formerly Madras (mədrăs`, mədräs`), state (2001 provisional pop. government to acquire 135 acres of land in the Oragadam Industrial Park, Tamil Nadu, for the construction of a radial tire facility. Apollo Tyres Ltd. will invest Rs 300 crores in the first stage, with the final investment reaching be-tween Rs 450 and 520 crores by the end of five years.
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