Apollo Tyres explores sustainable materials to cut costs, reduce impact

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Apollo Tyres explores sustainable materials to cut costs, reduce impact - Business Standard

Quick Summary:

These markets offer greater flexibility in passing on cost increases, cushioning Apollo from raw material price volatility.

According to Singh, manufacturers are struggling to absorb dramatic price swings, leading to supply chain disruptions and squeezed margins.

The company also benefits from market dynamics in developed regions like Europe and the US, where synthetic rubber—used more widely in passenger car tyres—reduces reliance on natural rubber.