DUBAI, United Arab Emirates (June 9, 2011)—Apollo Tyres Ltd. has opened an office and warehouse in Dubai to serve its Middle East customers.
The 2,000-sq.-ft. office in the JAFZA Free Economic Zone will be the firm's base in Dubai, and the reporting site for employees in Iran, Saudi Arabia and Turkey, the company said. The firm also obtained an expandable 10,000-sq.-ft. warehouse to stock tires for quick fulfillment in the region.
The Indian tire maker said it invested about $2.5 million in its infrastructure in Dubai, and spend about $1.5 million at the location annually.