Neeraj Kanwar
| Neeraj Kanwar | |
|---|---|
| Born | 6 September 1971 |
| Residence | London, England |
| Nationality | Indian |
| Alma mater | St. Columba's School, Delhi & Lehigh University |
| Occupation | Vice Chairman & Managing Director of Apollo Tyres |
| Spouse(s) | Simran |
| Children | Jai Karan and Sayra Taru |
| Parent(s) | Onkar Kanwar |
Neeraj Kanwar (born 6 September 1971) is the vice chairman and managing director of Apollo Tyres, India's second largest tyre manufacturer with annual revenues of over $2 billion. He is credited with turning Apollo Tyres from a commercial vehicle-focussed tyre manufacturer in India when he joined in 1995 into a multinational company that now manufactures tyres for commercial and passenger vehicles as well as two wheeler tyres.
Kanwar was educated at St. Columba's School, Delhi and thereafter graduated in engineering from Lehigh University in Pennsylvania, US.
Kanwar started his career with a training stint at American Express Bank in New York. He thereafter returned to India and started Global Finance Ltd, a non-bank financial institution which shut within three years of operations. Thereafter, Kanwar became the third generation of his family to join Apollo Tyres, which was set up by his grandfather Raunaq Singh and later taken over by his father Onkar Kanwar. His first position in the company was in the sales team.
In 2002, Kanwar took over daily operations of Apollo Tyres from his father. Kanwar has been the force behind Apollo's international acquisitions. When the company announced its acquisition of Dunlop Tyres, South Africa in 2006 it made a simultaneously announced Kanwar's elevation as the company's Managing Director. The company later sold most of its South African operations to Sumitomo Rubber Industries in 2013, retaining one plant in Durban.
In 2009, under the aegis of Kanwar, Apollo bought out Vredestein Banden in the Netherlands, thus giving the company a foothold in Europe. Under his leadership, Apollo also bought out Reifencom GmbH in Germany in 2015, giving it access to distribution channels across Europe. After the failed takeover attempt of Cooper Tires in 2013, Kanwar decided to focus on organic growth by investing in new greenfield facilities in Chennai, India and Budapest, Hungary. The plant in Hungary was inaugurated in 2017.
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