Manufacturing

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

Manufacturing

01 June, 2020

India's factory slump deepens in May, headcount slides: PMI

India’s factory activity contracted sharply in May following a historic decline in April as a government-imposed lockdown...

• Reuters

Finance

01 June, 2020

IFC to offer $35 mn in debt funding to JK Paper

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, is looking to invest up to $35 million...

• Debjyoti Roy

Manufacturing

29 May, 2020

Renault axes 15,000 jobs globally in cost-cutting reboot

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production...

• Reuters

Manufacturing

27 May, 2020

Nokia shuts plant in Tamil Nadu after 42 test positive for coronavirus

Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after...

• Reuters

Premium

Manufacturing

26 May, 2020

BlackRock makes debt investment in Pune fertiliser maker

BlackRock, Inc., the world's biggest asset manager, has sealed a debt investment deal in a Pune-based maker of chemicals and...

• Bruhadeeswaran R

Manufacturing

22 May, 2020

GIC-backed Endurance Technologies buys Italian auto-parts maker

Auto components maker Endurance Technologies Ltd has fully acquired Italian auto-parts manufacturer Grimeca Srl, marking its second...

• Narinder Kapur

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Manufacturing

21 May, 2020

BanyanTree ends 18-month deal drought with bet on equipment maker

Mid-market private equity firm BanyanTree Capital has bought a stake in an industrial machinery equipment maker, marking its first...

• Ankit Doshi

Manufacturing

15 May, 2020

Maruti Suzuki acquires Sumitomo's stake in repair and services-focussed JV

Maruti Suzuki India Ltd has announced the acquisition of Japan’s Sumitomo Corporation’s stake in their joint venture...

• Narinder Kapur

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Manufacturing

14 May, 2020

Sequoia-backed glass maker's quest to rope in new investors hits a wall

Hindusthan National Glass & Industries Ltd’s plan to get new investors on board has hit a hurdle after a distressed...

• Beena ParmarRanjani Raghavan

Manufacturing

13 May, 2020

Vedanta Resources to take Indian unit private as virus crisis deepens

Miner Vedanta Resources Limited on Tuesday confirmed that it would take its Indian unit Vedanta Ltd private, as it looks ......

• Reuters