Manufacturing
Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.
Manufacturing
Enforcement Directorate links over $500 mn Bhushan Power assets to fraud probe
India’s financial fraud agency said on Saturday assets worth 40.25 billion rupees ($567.60 million) of Bhushan Power &...
Manufacturing
Industrial output shrinks at fastest rate in more than six years
India’s industrial output fell 1.1% in August from a year earlier, government data showed on Friday. Analysts polled...
Manufacturing
Car sales slump again in September as slowdown persists
India’s passenger vehicle sales slumped 23.7% in September - the eleventh straight month of declines - amid one of the ......
Manufacturing
Company watch: IFC-backed Craftsman beats motown blues but can it keep up the pace?
Craftsman Automation Ltd tripled its net profit for the year through March 2019, as the maker of industrial and auto ......
Manufacturing
Minda Industries snaps up German engineering firm Delvis
Auto parts maker Minda Industries Ltd has signed a definitive agreement to fully acquire Germany-based automotive lamps engineering,...
Manufacturing
Fairwinds PE cooks up a poor exit from kitchen appliances maker
Fairwinds Private Equity, formerly known as Reliance Equity Advisors, has exited a kitchen appliances maker with a haircut as...
Manufacturing
Ford forms joint venture with Mahindra in India strategy shift
Ford Motor Company has agreed to form a joint venture with Mahindra & Mahindra Ltd, as the American automaker ends ......
Manufacturing
Two-wheeler maker Hero Electric ropes in foreign investor
Hero Electric Vehicles Pvt. Ltd has raised fresh capital in a round led by a Europe-based private equity firm, a ......
Manufacturing
Shyam Steel Industries gets SEBI approval for IPO
Shyam Steel Industries Ltd, a Kolkata-based company that makes thermo-mechanically treated reinforcement bars, has received regulatory...
Manufacturing
Hedge fund Abakkus picks up stake in PE-backed engineering equipment maker
A hedge fund set up by a former top executive at Reliance Capital Ltd has bought a minority stake in ......