Dunlop lines up capex to re-start units

Dunlop India (DIL) has finalised a preliminary capex programme to kickstart production at its Ambattur, Tamil Nadu and Sahagunj, West Bengal plants.

Pawan Kumar Ruia, promoter of DIL, said about Rs 25 crore needs to be spent for additional maintenance at Sahagunj, and the company expects to restart production at the plant by September 2006.

The total start-up cost of both the units would be around Rs 225 crore. While Rs 125 crore would be spent on refurbishing and adding new equipment, Rs 100 crore would be for working capital, Ruia said.