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Manufacturing

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

Numetal, ArcelorMittal back in the game for Essar Steel

Manufacturing

20 April, 2018

Numetal, ArcelorMittal back in the game for Essar Steel

In a fresh twist to the insolvency proceedings of Essar Steel Ltd, the lenders to the beleaguered steelmaker will again ......

Vedanta gets NCLT nod for takeover of debt-ridden Electrosteel Steels

Manufacturing

17 April, 2018

Vedanta gets NCLT nod for takeover of debt-ridden Electrosteel Steels

Mining billionaire Anil Agarwal-led Vedanta Ltd said on Tuesday that its Rs 5,320 crore ($812.6 million) resolution plan for the ......

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Multiples PE-backed Milltec Machinery gears up for IPO

Manufacturing

16 April, 2018

Multiples PE-backed Milltec Machinery gears up for IPO

Milltec Machinery Pvt. Ltd, a Bengaluru-based company which makes equipment for rice and maize milling and pulses processing, is weighing ......

IFC plans $30 mn debt investment in Craftsman Automation

Manufacturing

16 April, 2018

IFC plans $30 mn debt investment in Craftsman Automation

International Finance Corporation, the private-sector investment arm of the World Bank, is planning to back Coimbatore-based precision automobile and industrial ......

RIL-JM Financial ARC's bid fails to get approval of Alok Industries creditors

Manufacturing

16 April, 2018

RIL-JM Financial ARC's bid fails to get approval of Alok Industries creditors

Alok Industries Ltd, which is undergoing insolvency proceedings, said on Monday a committee of its creditors hasn't approved any resolution ......

Tata Steel, Thyssenkrupp delay signing pact for European steel merger

Manufacturing

12 April, 2018

Tata Steel, Thyssenkrupp delay signing pact for European steel merger

Thyssenkrupp on Thursday said that plans to set up a steel joint venture with India’s Tata Steel would suffer a ......

Industrial output grows 7.1% in Feb; retail inflation at 5-month low

Manufacturing

12 April, 2018

Industrial output grows 7.1% in Feb; retail inflation at 5-month low

India's industrial output grew 7.1 percent in February from a year earlier, government data showed on Thursday.Economists surveyed by Reuters ......

Germany's NORMA Group buys Nashik-based water management firm

Manufacturing

12 April, 2018

Germany's NORMA Group buys Nashik-based water management firm

Germany's NORMA Group SE, which manufactures machine joining components, will acquire Indian water management firm Kimplas Piping Systems Ltd for ......

Tata Sons to bring aerospace, defence businesses under one company

Manufacturing

11 April, 2018

Tata Sons to bring aerospace, defence businesses under one company

Indian conglomerate Tata Sons Ltd on Wednesday said that it is in the process of consolidating its businesses across aerospace ......

State refiners, Saudi Aramco agree to partner on $44 bn Ratnagiri project

Manufacturing

11 April, 2018

State refiners, Saudi Aramco agree to partner on $44 bn Ratnagiri project

Saudi Aramco and a consortium of Indian state refiners agreed to build a mega refinery and petrochemical project on India's ......

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