Hyderabad: International Tyre Manufacturer Apollo Tyres Limited, in partnership with the Telangana Government, on Tuesday announced the launch of a Digital Innovation Center (DIC) in Hyderabad.
This is the second Digital Innovation Center for Apollo Tyres, with the first one being in London.
The MoU was signed by Telangana Principal Secretary of Industries and Commerce Department Jayesh Ranjan and Apollo Tyres Vice Chairman and Managing Director Neeraj Kanwar, in the presence of Telangana Minister for IT and Industries K T Rama Rao and Special Secretary (Investment Promotion) Dr E Vishnu Vardhan Reddy.
The MoU signing and exchange took place after a meeting between the two parties during the ongoing World Economic Forum (WEF) at Davos in Switzerland.
As part of the Company’s digital strategy to implement Industry 4.0, the Digital Innovation Center will use new age technologies like IoT, Cloud Computing, Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA) and Block Chain to help develop and deliver new business models and market leading customer service.
The DIC will drive significant efficiency gains and agility in the company’s supply chain, in addition to transforming manufacturing efficiencies and helping achieve the sustainability goals.
Post the MoU exchange, KTR said “Telangana has a vibrant innovation ecosystem, with world-class organisations such as T-Hub, We Hub and T-Works enabling innovative ideas. Therefore, Telangana and Hyderabad are the perfect choice for Apollo Tyres’ Digital Innovation Center.
The DIC will be a wonderful addition to this ecosystem, and I thank Neeraj Kanwar and Apollo Tyres for choosing Hyderabad as the location for their second DIC.”
On the launch of 2nd Digital Innovation Center, Neeraj Kanwar, said, “Digitalisation is one of the key pillars for achieving our FY26 vision; setting up of this Digital Innovation Center, along with the one in London, is part of our digital strategy. I would like to express my gratitude to the Telangana Government who helped us in setting up this Center.
I am looking forward to the DIC helping us solve complex business issues and process transformation, resulting in significant financial benefits to the organisation.”
Jayesh Ranjan said “Telangana has been a strong proponent of emerging technologies and has implemented several initiatives such as the Blockchain Hub and T-AIM which has put us on the map.
The collaboration with T-Hub can lead to great synergies for the Digital Innovation Center, and I am excited to see the fruits of this partnership.”
Apollo Tyres has tied up with global digital leaders, along with leading universities and respective Governments for the development of strategic digital applications at these Digital Innovation Centers in Hyderabad and London.
The Company has multiple manufacturing units in India and a unit each in The Netherlands and Hungary. It markets its products under its two global brands – Apollo and Vredestein, and its products are available in over 100 countries through a vast network of branded, exclusive and multi-product outlets.
