Alok Industries Ltd has drawn up Rs 800 crore capex plan for the next two years period. The company has invested Rs 7,000 crore in the last six year's period in its expansion programme. In the next two year's period, it will further invest around Rs 400-450 crore per annum for company’s on-going expansion plans. The company will finance the said funds through internal accruals and debt. The company also seeks funds through government's TUFF scheme, which is expected to revive now.During FY10, the company had incurred a capital expenditure of Rs 1,522.90 crore across various divisions. A major portion of these were towards Phase III and Phase IV expansions, which have been fully completed, setting up of second Continuous Polymerisation (CP) Plant at Saily in Silvassa, expansion of texturising and regular capex.crackcrack
