Who Owns Apollo Tyres, The New Jersey Sponsor Of Team India?

Anurag Dasgupta

New India jersey sponsor owner [Source: AFP Photo] New India jersey sponsor owner [Source: AFP Photo]

The deal is reportedly completed as Apollo Tyres is slated to replace Dream11 as the new jersey sponsor of Team India, securing the rights till 2027. The deal comes after Dream11 parted ways with the BCCI due to the ban on online gaming applications imposed by the Indian government.

Apollo Tyres will reportedly pay around 4.5 crore per match to the BCCI, which is more than what Dream11 was giving to the Indian board (4 crore). The partnership will provide global visibility to the manufacturing brand and will also benefit them in the longer run.

But who owns Apollo Tyres? How much is the net worth of the tyre manufacturing brand?.

Who owns Apollo Tyres?


Onkar Kanwar is the owner of Apollo Tyres. He is the Chairman and MD of Apollo Tyres, and the company was incorporated on 28 September 1972 in India as a public limited company. Onkar’s son, Neeraj, is the managing director of the company, and at the same time, holds the post of vice-chairman.

What is the market capitalization of Apollo Tyres?

As per India.Com, the market capitalization of Apollo Tyres is approximately 30,910 crore, and alongside MRF, it is the joint-largest tyre manufacturing company in India. The brand has partnered with the BCCI for a deal up upto approximately INR 579 crore and the deal will end in March 2028.

Places where Apollo Tyres operate?

Apollo Tyres’ main business runs in India, and the majority of its profits come from the Asian giants. Apart from India, the tyre company also operates in European countries - the Netherlands and Hungary, and it generates approximately 11% of its revenue from Europe, and the remaining income from other nations.