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Dunlop to invest Rs.350 crore in TN & WB

Wednesday, 12 Apr 2006
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Dunlop India is planning to invest Rs.350 crore to begin operations at its plants at Ambattur in Tamil Nadu and Sahagunj in West Bengal.

Out of the total cost project, Rs.125 crore will be for refurbishing and buying new capital equipment and Rs.100 crore will be for working capital. Maintenance work at Sahagunj will cost Rs.20-25 crore.

The Ambattur plant is expected to start producing commercial vehicle and truck tyres by August 2006. At the Sahagunj plant, the targeted date is September 2006.

The company has identified all major bottlenecks at both the plants which are being implemented by installing new equipment. The company has acquired two second hand boilers and placed new orders for two new boilers for heat and steam generation, crucial inputs in the production of all rubber-based products including tyres.

Note: Dunlop India is now part of the PK Ruia Group, which also took over Falcon Tyres.

Also See:

Falcon Tyres plans capex (10-Apr-06)

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