Apollo Tyres Opens First Branded Outlet In Sri Lanka


News: India's Apollo Tyres has opened its first branded outlet in Colombo, Sri Lanka, as part of a strategy to strengthen its presence in the country, reports the Economic Times. The company said its first branded retail store in Sri Lanka should improve brand recognition at a local level amid rapid infrastructure development across Sri Lanka, which in turn has led to increased demand for tyres. Apollo Tyres said the outlet will be operated by its business partner Ideal Wheels & Tyres.

This article is tagged to:
Sector: Autos
Geography: Sri Lanka