Dabur plans 3 new plants overseas; FY12 capex at Rs 200cr
Dabur will invest up to Rs 200 crore this fiscal to expand operations, which will include setting up three new factories overseas by next year, reports The Economic Times.
Dabur will invest up to Rs 200 crore this fiscal to expand operations, which will include setting up three new factories overseas by next year, reports The Economic Times.
The company will set up one plant each in South Africa, Kenya and Sri Lanka. It expects the two factories in Africa to start production by June next year, the report says. "We are setting up two new factories in Africa, one in Johannesburg (South Africa) and another in Nairobi (Kenya). These plants will produce most of our personal care products for the local markets," Dabur India Chief Executive Officer Sunil Duggal, the report adds.Source: The Economic Times Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!