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Manufacturing

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

Enforcement Directorate links over $500 mn Bhushan Power assets to fraud probe

Manufacturing

14 October, 2019

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 &...

Industrial output shrinks at fastest rate in more than six years

Manufacturing

11 October, 2019

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...

Car sales slump again in September as slowdown persists

Manufacturing

11 October, 2019

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 ......

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Company watch: IFC-backed Craftsman beats motown blues but can it keep up the pace?

Manufacturing

10 October, 2019

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 ......

Minda Industries snaps up German engineering firm Delvis

Manufacturing

09 October, 2019

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,...

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Fairwinds PE cooks up a poor exit from kitchen appliances maker

Manufacturing

04 October, 2019

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...

Ford forms joint venture with Mahindra in India strategy shift

Manufacturing

01 October, 2019

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 ......

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Two-wheeler maker Hero Electric ropes in foreign investor

Manufacturing

01 October, 2019

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 ......

Shyam Steel Industries gets SEBI approval for IPO

Manufacturing

27 September, 2019

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...

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Hedge fund Abakkus picks up stake in PE-backed engineering equipment maker

Manufacturing

27 September, 2019

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 ......

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