Apollo Tyres is one of the largest tyre manufacturers in the world, with yearly revenues of Rs 117.1 billion (US$1.8 billion) in March 2016. Apollo tires was founded in 1972. Its first plant was commissioned in Perambra, Thrissur, Kerala, India. The company now has four manufacturing plants in India, and 1 in Netherlands. It has a network of almost 5,000 dealerships in India, of which over 2,500 are completely exclusive outlets.