Falcon Tyres has planned to invest around Rs.70 crore to expand its tyres and tubes making capacity. The project, to be completed by December 2006, will result in tyres and tubes capacity increasing to 7.5 lakh units per month, each.

Incorporated in 1973, Falcon Tyres was taken over the PK Ruia Group in early 2006. Shortly after the acquisition, a de-bottlenecking project costing Rs.12 crore was implemented raising capacity to 5.5 lakh units per month of tyres and 3.5 lakh units per month of tubes.

Falcon Tyres has its manufacturing plant located in Karnataka. It makes tyres and tubes that are sold under the "Dunlop" brand in India and "Falcon" brand overseas. It caters to all important automobile segments -- passenger cars, two-three wheelers, commercial vehicles and farm equipment.

Along with Falcon Tyres, the PK Ruia Group also acquired Dunlop India Ltd, which belonged to the Chhabria Group. Incidentally, Dunlop India is planning to set up a rubber-based industrial product unit at Ambattur in Chennai. The Rs.20 crore unit to come up by October 2006 will mainly make industrial belts.

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