Personal care and food products maker Dabur India plans to open three manufacturing facilities in India and overseas, which will be operational by July next year.
The company is setting up an unit each in Himachal Pradesh and Uttaranchal, besides one in Egypt.
?We plan to open three new facilities which will start manufacturing by July next,? Dabur India Vice-Chairman Amit Burman said here.
The units will basically manufacture haircare, besides ?Hajmola? and other digestive products, he said.
Even as Himachal Pradesh and Uttaranchal will have the company?s first such units, it would be the second in Egypt, Burman said.
The investment would be around Rs 50-70 crore for all the three units and funding would be entirely from internal accruals, he said.
Dabur had, this fiscal, acquired Fem Care and launched several new products like Real Burrst, a fruit drink, Uveda, a skin-care product, besides light hair oil and shampoos, thus indicating the rigorous expansion the company was undertaking.
Dabur?s international business contributes about 15 per cent of overall revenues, Burman said.
Dabur had clocked a net profit of Rs 391.21 crore last fiscal with a gross sales of Rs 2,834.11 crore.