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