New Delhi: Apollo Tyres restructures its research and development team, across its 3 key geographies, to create synergy and greater alignment to the company's growth aspirations and to generate speed and relevance while entering new markets.

This comes soon after a clear decision at the management level to increase Apollo's focus on core research and a substantial increase in R&D spends over the next few years.

The new structure links the entire organisation along 2 critical product lines of commercial and personal vehicle tyres, with respective leaders reporting into the vice chairman.

"We have merged our research and development resources of nearly 250 individuals from Africa, Europe and India, under the leadership of 2 of our experts.

While commercial and personal vehicle tyre development and testing will be located in India and The Netherlands respectively, smaller teams across key markets will work on customising each global product to market requirements and testing under local conditions.

This structure allows for a sharper focus on basic research, increased usage of alternative raw materials and market-led product performance," said Neeraj Kanwar, VC and MD, Apollo Tyres.

PK Mohamed, chief advisor, of Apollo Tyres will lead the commercial vehicle (CV) tyre division, which will be housed on the same campus as the Chennai manufacturing facility; while Peter Snel , group head of Apollo Tyres will spearhead the passenger vehicle (PV) tyre unit, from a new facility being set up in Enschede, Netherlands.


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