In 1974, one of India's greatest post-Independence entrepreneurs Raunaq Singh acquired the license to operate a tyre company in Kerala. However, there was no factory. It was a company registered in name only. Apollo Tyres. Thanks to Onkar Singh Kanwar, Raunaq's eldest son, Apollo is today one of India's most successful automotive companies with a turnover in excess of $2 billion and factories across India and in Europe.