Textile major, Alok Industries, has earmarked a capital expenditure of Rs 100-200 crore for the financial year 2011 to be utilised for streamlining its operations, a top company official said.
"The company will require Rs 100-200 crore capex in the next fiscal to streamline operations," the company's Managing Director Dilip Jiwarajka told reporters here today.
The funding would be through internal accruals, Jiwarajka Said.
However, the company's board is yet to approve its funding plans, he added.
