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Manufacturing

Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.

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Kotak PE scores a neat exit from decade-long manufacturing bet

Manufacturing

09 September, 2020

Kotak PE scores a neat exit from decade-long manufacturing bet

Kotak Private Equity, the alternative asset management arm of Kotak Mahindra Group, has sold its stake in an auto ancillary ......

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Agri-business firm DCM Shriram raising debt capital again for expansion

Manufacturing

08 September, 2020

Agri-business firm DCM Shriram raising debt capital again for expansion

DCM Shriram Ltd, a diversified manufacturing company that makes products ranging from fertilisers to cement, is raising debt capital...

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Auto-parts firm Remsons to snap up British components maker

Manufacturing

08 September, 2020

Auto-parts firm Remsons to snap up British components maker

Remsons Industries Ltd, a Mumbai-based automotive components maker, has entered into a binding agreement to acquire a United Kingdom-based...

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How ArcelorMittal Nippon is reforging Essar Steel after takeover

Manufacturing

07 September, 2020

How ArcelorMittal Nippon is reforging Essar Steel after takeover

When brothers Shashi and Ravi Ruia set up Essar Steel India Ltd in 1998, they may never have imagined that ......

TVS Motor doubles down on electric bike maker Ultraviolette

Manufacturing

03 September, 2020

TVS Motor doubles down on electric bike maker Ultraviolette

Electric bike maker Ultraviolette Automotive Pvt. Ltd has raised Rs 30 crore ($4.1 million) from existing investor TVS Motor Company...

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Purnendu Chatterjee's TCG looks to acquire bankrupt textile company

Manufacturing

03 September, 2020

Purnendu Chatterjee's TCG looks to acquire bankrupt textile company

A chemicals manufacturer that’s part of the Purnendu Chatterjee-led The Chatterjee Group (TCG) has made an offer to acquire...

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PE funds, electronics companies among bidders for Videocon assets

Manufacturing

02 September, 2020

PE funds, electronics companies among bidders for Videocon assets

Bankrupt consumer appliances maker Videocon Industries Ltd and a dozen of its units have received 11 offers for their assets ......

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Murugappa Group to pick up a larger controlling stake in CG Power

Manufacturing

02 September, 2020

Murugappa Group to pick up a larger controlling stake in CG Power

Tube Investments of India Ltd has proposed to invest more capital into fraud-hit CG Power & Industrial Solutions Ltd after...

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Israel's Caesarstone to gain control of Gujarat-based countertop maker

Manufacturing

01 September, 2020

Israel's Caesarstone to gain control of Gujarat-based countertop maker

Quartz countertop firm Caesarstone Ltd is all set to acquire a majority stake in a Gujarat-based countertop manufacturer. The...

India's factory activity rebounds in August but firms continue to cut jobs

Manufacturing

01 September, 2020

India's factory activity rebounds in August but firms continue to cut jobs

India's factory activity grew in August for the first time in five months as the easing of lockdown restrictions spurred ......

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