By Oliver Hall
Dunlop tyres factory has restarted production after shutting down for almost a year.
The 73-year-old plant – India’s first tyres manufacturer factory – is aiming to convert 40 tonnes of rubber a day.
Dunlop is the last global brand that is manufactured in Bengal. A spokesman said: “The entire workforces of more than 1,000 will be absorbed.”
There was a last minute problem surrounding the employment of 25 workers who had been suspended by the management on alleged charges of indiscipline.
But a last minute assurance by Dunlop India Chairman Pawan Kumar Ruia ensured their employment.
Dunlop enjoyed a near monopoly status in Indian tyre industry till the eighties.
In the late nineties the company was shut down by a shortage of working capital. It reopened in early 2006 when Kolkata-based investor Pawan Kumar Ruia bought it out from Dubai-based Jumbo Group.
But fund crunch forced another closure last year.