The company is however not launching radial tyres for the moment, and its product range will cover about 85% of the two-wheeler tyres market in India. The company has spent close to 2 years in research & development of this range, and has outsourced manufacturing to a third party. It is hoping to achieve sales of 500,000 tyres per month by the end of year two. India currently has 120 million two-wheelers and the category is growing at a CAGR of 8.5% in India, making it a lucrative market to enter, and the initial thrust for Apollo would be the replacement market.
The Apollo Acti series are all-weather tyres, capable of excellent dry and wet braking besides having high levels of cornering stability. Designed with primary focus on grip, safety and comfort, these tyres have optimally oriented tread blocks and grooves. Made with new age polymers-based high mileage tread compound, these tubeless and tube type tyres have stress free casing structure with extra protection at tread and bead area.
There are 3 patterns for rear application for motorcycles: actiGRIP R1 and R2 in block pattern, and actiZIP R3 in directional pattern. There are another 3 patterns for front application in motorcycles: actiSTEER F1 in straight rib pattern and actiZIP F2 and F3 in directional patterns.
For Scooters, the company has introduced 2 directional patterns for front and rear application in actiZIP S1 and S2, and 2 block patterns for rear application in actiGRIP S3 and S4.
The range will be available for sale immediately at Apollo authorised business partners in all major markets across the country.