 The then president of Etna Company after discussions with the Kanwar family and looking at the perseverance of Onkar invested money to start a new pipe factory in India.Kanwar has grown Apollo Tyres from a small single plant Indian company into a multinational with six plants worldwide, and annual revenues in excess of US$2 billion.In June 2013, it was reported that Apollo Tyres would buy US-based Cooper Tire & Rubber Company for about $2.5 billion in a deal that would make it the world's seventh-largest tyre maker, but the takeover collapsed after legal battles.