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Manufacturing

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

India car sales crash in March on coronavirus lockdown

Manufacturing

01 April, 2020

India car sales crash in March on coronavirus lockdown

Sales at India’s biggest carmaker Maruti Suzuki India fell 16% in the last fiscal year as the auto industry, already ......

Suzlon Energy gets lenders' nod for debt resolution plan

Manufacturing

30 March, 2020

Suzlon Energy gets lenders' nod for debt resolution plan

Debt-laden Suzlon Energy Ltd’s resolution plan under the central bank’s Intercreditor Agreement (ICA) has received...

Tata Motors to hive off passenger vehicle biz, may look for tie-ups

Manufacturing

27 March, 2020

Tata Motors to hive off passenger vehicle biz, may look for tie-ups

Tata Motors Ltd said on Friday it plans to split its passenger vehicle business into a new subsidiary as the ......

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Which manufacturing companies may benefit the most from crude price drop?

Manufacturing

27 March, 2020

Which manufacturing companies may benefit the most from crude price drop?

Ever since the coronavirus pandemic began to spread across the world in early January, the global economy has been on ......

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Nalanda Capital buys into energy and environment engineering firm

Manufacturing

24 March, 2020

Nalanda Capital buys into energy and environment engineering firm

Nalanda Capital, an India-focussed private equity-style investor in public equities, has purchased a minority stake in an energy...

Coronavirus: Automakers shut factories, M&M to make ventilators for patients

Manufacturing

23 March, 2020

Coronavirus: Automakers shut factories, M&M to make ventilators for patients

India's biggest automaker Maruti Suzuki India and peers including Mahindra & Mahindra, Mercedes-Benz, Fiat Chrysler Automobiles...

Japan's Kubota to acquire 10% stake in Escorts for $138 mn

Manufacturing

20 March, 2020

Japan's Kubota to acquire 10% stake in Escorts for $138 mn

Japanese tractor maker Kubota Corp will acquire a 10% stake in Escorts Ltd for Rs 1,042 crore ($138.5 million) as ......

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Madhusudan dairy group unit snaps up steel plant from bankrupt firm

Manufacturing

18 March, 2020

Madhusudan dairy group unit snaps up steel plant from bankrupt firm

A company that’s part of the group best known for its Madhusudan brand of dairy products has acquired a steel ......

Fraud-hit CG Power hires Arpwood Capital to raise equity funding

Manufacturing

17 March, 2020

Fraud-hit CG Power hires Arpwood Capital to raise equity funding

CG Power & Industrial Solutions Ltd, a distressed company backed by private equity firm KKR, has appointed Arpwood Capital...

ArcelorMittal, Nippon Steel sign $5.15 bn loan pact to refinance Essar Steel buy

Manufacturing

17 March, 2020

ArcelorMittal, Nippon Steel sign $5.15 bn loan pact to refinance Essar Steel buy

Japan's biggest steelmaker Nippon Steel Corp said on Tuesday its joint venture with ArcelorMittal has signed a $5.15 billion...

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