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Apollo Tyres Ltd. is one of the world’s largest family businesses. Founded in 1972, Apollo now has over 19,000 employees, serving 100 countries. Neeraj Kanwar is the grandson of founder, Ranuaq Singh.…
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Throughout my career, my vision for the company has not changed – creating an institution. I find this the most challenging task, not just getting in the sales and growing year on year but creating an institution that is considered part of the family by those within it.
— Onkar KanwarChairman of Apollo Tyres, Indian businessman and industrialist
He approached me, asking what he should do, to which I responded, 'You're the boss. Why are you asking me?' My conviction has always been that it's crucial to operate this business as an institution; I don't have to always be glued to my chair.
— Onkar KanwarChairman of Apollo Tyres, Indian businessman and industrialist
Upon inquiry, I learned that we were using American technology, suitable for American roads but not Indian ones. So, the next step was understanding the market, and we went to the field, spoke to the truckers and understood their requirements and expectations.
— Onkar KanwarChairman of Apollo Tyres, Indian businessman and industrialist
I knew then that I was in for some serious challenges. Not only did we lack funding and morale among the workforce, but we were also lagging technologically. The first task at hand was motivating my team and providing a clear vision for our future, despite my limited knowledge of tyre manufacturing.
— Onkar KanwarChairman of Apollo Tyres, Indian businessman and industrialist
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