Organisation Structural Study on Apollo Tyres
5324 WordsDec 28, 201222 Pages
INTRODUCTION
Organisation has gained momentum over the past few decades as the inevitable source to sustain business activities. An organization is a power house of resources through which manufacturing and production activities are effectively carried out.The established Indian owned enterprises has been steadily increasing their capacity and widening their range of products for every organization. There is a hidden asset.An asset that has the power to execute, the vision to excel and the spirit of limit-less energy.It is a force that is unstoppable; it is the force of capital.
Today india is in the midst of rapid economic growth.The government’s continued emphasis on building infrastructure has given a tremendous fillip to the…show more content… The major brands produced across these locations are: Apollo, Dunlop, Kaizen, Maloya, Regal and Vredestein.
HISTORY OF APOLLO TYRES
Apollo Tyres Ltd. (ATL) was incorporated in 28th September, 1972 as a Public Limited Company and obtained certificate of Commencement of Business on October 24, 1972. The Company was promoted by Bharat Steel Tubes Ltd., Raunaq International Pvt. Ltd., Raunaq & Co. Pvt. Ltd., Raunaq Singh, Mathew T. Marattukalam and Jacob Thomas.The company was taken over by Dr. Raunaq Singh and his associates in 1974.The implementation of the tyre project took place in 1976 at Perambra in kerala.
The research and development of Apollo tyres took place at Perambra and later it had grown to a substantial height and stature at its present location at Limda, Baroda.All the activities in the R&D center are extensively supported by a series of highly sophisticated equipment that help the research scientists develop products as per customer’s specific requirements.
PHASES OF DEVELOPMENT
1972. The company’s license was obtained by Mr.Mathew T Marattukulam, Jacob Thomas and his associates.
1974. The company was taken over by Raunaq Singh and his associates.
1975. Perambra plant foundation stone was laid down.
1975. Apollo Tyres Limited was registered.
1977. Plant commissioned in kerala with 49 TPD capacities.
1982. Manufacturing of passenger car radial tyres began in India.
1991. The