Global tyre manufacturer, Apollo Tyres has yet again proved their value in the commercial vehicle tyre segment in India. The company has introduced the Apollo XT-100HD tyre, the most advanced cross ply lug tyre the country has ever witnessed.
The Apollo XT-100HD tyre offers the best load carrying capacity and provides optimal fuel economy results while ensuring that the fleet owners durability.
The Apollo XT-100HD tyre has been introduced for the Indian market on popular demand from the customers and business partners who had already equipped their vehicles with a different Apollo tyre that has the highest load carrying capacity in the cross-ply segment. This means that the Apollo XT-100HD tyre is superior to other tyres in its segment.
According to the manufacturer, the replacement market in India is still growing strongly due to the cross ply tyres. However, with almost a 50:50 split between radial and cross ply, Apollo Tyres has introduced this technologically advanced product to carry moderate loads in regional haulage and mixed applications in the drive position.
The product is being produced at their facility in Vadodara, Gujarat and these tyres have been extensively tested on customers’ vehicles in Madhya Pradesh, Rajasthan, Andhra Pradesh. The performance of XT-100HD, in these road tests, have been far superior to the key competition in this segment.
Commenting on launch of the new product, Satish Sharma, President, Asia Pacific, Middle East & Africa (APMEA), Apollo Tyres Ltd, said, “Apollo holds a leading market position in both drive and steer axle tyres, with many products leading in different segments. With the introduction of XT-100HD in truck-bus cross ply lug design category, we are confident of setting a new benchmark in performance in the load and mileage segment. To continue with our leadership in the commercial vehicle segment, it is important for us to have such differentiating products, which is compliant with the revised axle load norms as well in India.”
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About the Apollo XT-100HD tyre:
The tyre comes with a heavy-duty casing with a new high strength nylon fabric that offers the best in class load carrying capacity. The durability of the casing has also been enhanced with the new heat ageing resistant compound and tyre cavity (HEART) technology, which ensures cooler running of tyres and withstands all applications, offering the best residual casing for retreadability.
The tread has been designed using the company’s in-house Modular Matrix Tread (MMT) technology, with reinforced compounds and high tread rubber mass, that delivers the highest mileage in its segment.
Apollo Tyres Ltd. came into inception in 1972 and has since been a trusted name in the business of manufacture and sale of tyres. With our corporate headquarters in Gurgaon, India, we cater to over a 100 countries across the globe.
The company markets its products under our two global brands: Apollo and Vredestein. These products are available in countries across the globe through a vast network of branded, exclusive and multi-product outlets. Apollo Tyres has multiple manufacturing units in India, the Netherlands and Hungary.
At the end of the financial year 2020, the company clocked a turnover of US$ 2.27 billion, backed by a global workforce of approximately 17,200 employees.
As of March 31, 2020, the company traded in India on the Bombay Stock Exchange and National Stock Exchange, with 59.10% of shares held by the public, government entities, banks and financial institutions.
