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In the world today
Onkar Kanwar

Onkar Kanwar

O. Kanwar
-0.34% | - $-5.18M
$1.5 B ₹ 13,658 Cr
Real Time Net Worth #2528 Ranking as of 21 Feb 2026 By Forbes

More on Onkar Kanwar

Gender

Male

Age

0Y

Country

India

Born On

February, 2026

Deceased

No

Relationship Status

Married

Children

3

Education

University Of California, Berkeley

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited (Expanded Business)

Primary Organization

Apollo Tyres

Titles

Chairman

Sources of Wealth

Apollo Tyres

Industry

Automotive, Manufacturing

About Onkar Kanwar


O nkar Kanwar is an Indian businessman and the chairman of Apollo Tyres, one of India's largest tire manufacturers. He is a second-generation entrepreneur who took over the family business and transformed it into a global player. His father founded the company in 1972. After studying business administration in the United States, Onkar Kanwar joined the company and eventually took the helm in the 1980s.

Under his leadership, Apollo Tyres embarked on an aggressive expansion strategy. He focused on building the 'Apollo' brand, investing in research and development, and modernizing manufacturing facilities. The company grew its domestic market share and then set its sights on international markets. A key part of his strategy was growth through acquisitions. Apollo acquired Cooper Tire & Rubber Company's South African operations (Dunlop) and later the Dutch tire maker Vredestein Banden. These acquisitions gave Apollo a strong foothold in the European and African markets. Today, the company has manufacturing units in India, the Netherlands, and Hungary and is a major global brand in the tire industry.

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Quick Reads


  • Chairman of Apollo Tyres, a leading Indian tire manufacturer.
  • Took over the company founded by his father and professionalized its management.
  • Transformed Apollo Tyres from a domestic company into a global brand.
  • Led key international acquisitions, including Vredestein in the Netherlands.
  • His son, Neeraj Kanwar, now serves as the company's Vice Chairman & MD.

Early Life and Background


Onkar S. Kanwar is an Indian businessman, the self-made billionaire Chairman of Apollo Tyres Ltd. (NSE: APOLLOTYRE), one of India's largest and most global tire manufacturers, and the Apollo Group conglomerate. His career is rooted in industrial manufacturing and engineering.

Kanwar holds a B.S. in Mechanical Engineering from the University of California, San Diego (UCSD). His philosophical approach centers on scale, technological innovation, and vertical integration across the tire manufacturing and automotive supply chain. His structural contribution is tied to globalizing the Indian tire industry.

  • Apollo Tyres Ltd. (Chairman): The core publicly traded asset, a major global manufacturer of tires for two-wheelers, passenger vehicles, and commercial vehicles (with manufacturing in India, Hungary, and the Netherlands).
  • Industrial Focus: His success is built on scale manufacturing and R&D in essential automotive components.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and leveraging the massive Indian and global automotive growth story.
  • Academic Background: He holds a B.S. in Mechanical Engineering from UCSD.

Career Journey of Onkar Kanwar


Onkar Kanwar's strategic leadership guided Apollo Tyres' transformation into a global market leader. He joined the company in 1978 and assumed the Chairman role, successfully guiding the company's commitment to technological excellence and aggressive international expansion (acquiring assets in Europe and diversifying globally). His structural contribution is immense: driving the professionalization and modernization of the Indian tire manufacturing sector.

His wealth is secured by the colossal, long-term, stable profitability of the global automotive supply chain and industrial manufacturing sector.

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Onkar Kanwar's Timeline


1978:

Joins Apollo Tyres (Corporate Entry).

1980s (approx.):

Onkar Kanwar assumes an executive role (Executive Ascent).

2006:

Apollo Tyres acquires a South African tire company (Global Expansion Milestone).

Ongoing:

Continues as Chairman, guiding the massive industrial giant (Executive Oversight).

Major Business Ventures and Investments


Onkar Kanwar's wealth is concentrated in his family's controlling stake and executive leadership of the publicly traded industrial giant, Apollo Tyres Ltd. (NSE: APOLLOTYRE), and his private investments.

  • Apollo Tyres Ltd. (Chairman): The core publicly traded asset, a major global manufacturer of tires for two-wheelers, passenger vehicles, and commercial vehicles (with manufacturing in India, Hungary, and the Netherlands).
  • Industrial Focus: His success is built on scale manufacturing and R&D in essential automotive components.
  • Academic Background: He holds a B.S. in Mechanical Engineering from UCSD.
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and leveraging the massive Indian and global automotive growth story.

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Philanthropy and Social Impact


Onkar Kanwar's social impact is structural, stemming from Apollo Tyres' role as a massive industrial employer and foundational supplier of essential safety components (tires) for the global automotive industry. His companies contribute significantly to national industrial output and technological capacity. His Apollo Tyres Foundation supports education, health, and road safety initiatives. His personal philanthropy supports various community and educational initiatives.

His structural contribution is tied to the successful industrialization and scale of the Indian automotive components sector.

Fashion, Style, and Lifestyle


Onkar Kanwar maintains the professional, composed style of an industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits or traditional Indian business attire. His aesthetic reflects serious authority and stability, typical of a leader in the high-capital industrial sector.

Residing in New Delhi, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, technological innovation, and the long-term, stable growth of the automotive supply chain.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Chairman of Apollo Tyres Limited (one of India's largest tire manufacturers).
  • He holds a B.S. in Mechanical Engineering from UCSD.
  • Apollo Tyres has manufacturing facilities in India, Hungary, and the Netherlands.
  • His company specializes in tires for two- and three-wheelers (a major Indian market).
  • His fortune is tied to the successful globalization and scale of the Indian automotive components sector.
  • He is known for his commitment to R&D and road safety (Apollo Tyres Foundation).
  • His wealth is estimated at $2.5 billion (2024 estimate).

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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