Apollo Tyres Ltd brings in premium tyre brand Vredestein to India

Strengthening its product offering further in the Indian market, leading tyre
maker, Apollo Tyres Ltd, launched the premium European brand, Vredestein in India. The
Vredestein brand of tyres will be manufactured at the state-of-the-art facilities in India, and
will cater to the premium and luxury segment in passenger cars, while the two-wheeler tyres
from the brand would cater to the growing superbiking segment in India.

Vredestein brand, known for its designer and high-quality tyres, entered India with tyres sizes
of 15” to 20” in the passenger vehicle segment. While Vredestein Ultrac Vorti would cater to
the premium luxury sedans like Mercedes, BMW, Audi, Land Rover and Volvo, Vredestein
Ultrac would cater to the premium hatchback and sedans like Honda City, Maruti Suzuki Ciaz
and Baleno. The two-wheeler tyres from Vredestein, Centauro NS and ST, will cater to the
entire sport touring and super sports range of motorcycles like BMW, Ducati, Aprilia, Triumph,
Kawasaki, Suzuki, Honda and Yamaha.

Commenting on the launch of Vredestein brand in India, Neeraj Kanwar, Vice Chairman and
Managing Director, Apollo Tyres Ltd said, “India has been witnessing a high growth in the
premium and luxury segment of cars, and also in the superbiking segment. This has prompted
us to introduce this 100+ years old brand, Vredestein for the Indian customers. Vredestein is
synonymous with premium styling and ultra high performance, which are the two most
important factors considered by owners of luxury cars and superbikes. I am confident that,
with Vredestein, a domestic international brand, we will become the dominant player in the
luxury segment in India.”

The passenger vehicle range from Vredestein carries a signature touch of renowned
automobile designer, Giorgetto Giugiaro, while the two-wheeler range has been designed
by the famous Italian design house, Frascoli Design. The tyres being introduced in the Indian
market, has been tested across major tracks in Europe and India, and has also achieved
podium positions in various automotive magazine tests in Europe and the US.

Speaking at the launch, Satish Sharma, President, Asia Pacific, Middle East and Africa
(APMEA), Apollo Tyres Ltd said “The introduction of Vredestein brand will definitely strengthen
our offerings in the passenger vehicle and two-wheeler segments in India. The import
restrictions on tyres imposed by the Indian Govt recently, had made a strong business case
for us to bring in Vredestein brand of tyres into India for the high-end cars and motorcycles.
Our R&D Teams have customised these tyres to provide the best safety and driving
experience for the Indian conditions.”

Apollo Tyres will use its existing network of business partners, especially premium tier I
counters, to sell the Vredestein brand of tyres. Going forward, the company may consider
setting up specialist counters for the Vredestein brand. As a new entrant into India,
Vredestein has a distinct advantage of access to the trained and robust sales and service
network of Apollo Tyres across the country.

Vredestein has been operating in the replacement market primarily in Europe and the US
markets. Recently, the company started supplying Vredestein tyres to European OEs like

Audi, VW, SEAT and Ford. Similarly in India, Apollo Tyres would be selling Vredestein brand of
tyres in the replacement market initially; having said that, the company would leverage its
association with global OEMs to have Vredestein ultra high performance tyres as OE fitment.

Vredestein has a rich heritage in the world of tyres. Established in the Netherlands, in 1909,
company has acquired increasing international recognition over the decades as a premium
tyre brand. Today, Vredestein is a distinctive tyre brand, thanks to its ongoing focus on
innovation, investments in high-performance technology and stunning designs. In 2009,
Vredestein was acquired by Apollo Tyres Ltd.

Collaboration with Giugiaro and Frascoli Design
In the late 90s, Vredestein teamed up with renowned Italian automotive designer, Giorgetto
Giugiaro, who was nominated as the ‘Car Designer of the Century’ by global automotive
media in 1999, for its passenger car tyres. This signature of an Italian Designer led to the
recognition of Vredestein as designer tyres, which is still its unique selling proposition, along
with superior quality. Similarly, the company teamed up with the famous Frascoli Design few
years back, for its two-wheeler tyres.