The board of India’s Apollo Tyres has approved the acquisition of South Africa’s Dunlop Tyres International for about INR2.85bn (US$65 million), according to Reuters.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The report said Dunlop Tyres has South African plants in Durban and Ladysmith, each having a capacity of 25,000 tons a year.


Apollo will also get control of Dunlop subsidiaries in Zimbabwe and the United Kingdom, Reuters added, citing an Apollo statement. The purchase will provide access to the European and African markets, Apollo said, adding the deal was expected to be finalised in March.


Apollo will raise bridge loans and consider other long-term funds for the acquisition, according to the report.


Reuters added that Apollo’s fiscal third-quarter net profit fell 2.4% to INR164.4m, while its total income rose 18% to INR6.79bn.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact