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Manufacturing

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

Kesoram Industries to hive off rayon business

Manufacturing

28 March, 2016

Kesoram Industries to hive off rayon business

BK Birla's diversified firm Kesoram Industries Ltd has decided to transfer its rayon and transaction paper business for not less ......

KPMG and SBI Caps tasked to help devise a bailout package for the Indian steel industry

Manufacturing

28 March, 2016

KPMG and SBI Caps tasked to help devise a bailout package for the Indian steel industry

In an attempt to revive the beleaguered Indian steel industry, the steel ministry has tasked consultancy firm KPMG India and ......

KKR scores second India-related exit, to sell stake in Alliance Tire to Yokohama for over $1B

Manufacturing

26 March, 2016

KKR scores second India-related exit, to sell stake in Alliance Tire to Yokohama for over $1B

Private equity major KKR & Co has agreed to sell its controlling stake in off-highway tyre maker Alliance Tire Group ......

Mines ministry wants no increase in clean environment cess for a year

Manufacturing

23 March, 2016

Mines ministry wants no increase in clean environment cess for a year

Aimed at providing a cushion to ailing domestic metal-producing industries such as steel and aluminium, India’s ministry of mines has ......

Tata Steel puts UK business on the block

Manufacturing

30 March, 2016

Tata Steel puts UK business on the block

Nine years after acquiring Corus to become Europe's second largest steel maker, Tata Steel has finally announced plans to sell ......

Hero Cycles buys 60% stake in Sri Lanka's BSH Ventures

Manufacturing

23 March, 2016

Hero Cycles buys 60% stake in Sri Lanka's BSH Ventures

Hero Cycles today announced picking up of 60 per cent stake in Sri Lankan bicycle manufacturer BSH Ventures, its third ......

Five-fold increase in Odisha's bauxite mining lease area

Manufacturing

21 March, 2016

Five-fold increase in Odisha's bauxite mining lease area

In what may bring in economies of scale and increase production of bauxite, India’s ministry of mines has given its ......

IFC to invest $60M in debt funding to DCM Shriram

Manufacturing

18 March, 2016

IFC to invest $60M in debt funding to DCM Shriram

International Finance Corporation will provide $60 million (Rs 408 crore) in debt funding to DCM Shriram Ltd, the World Bank’s ......

Jharkhand to invite fresh gold mine bids next month

Manufacturing

18 March, 2016

Jharkhand to invite fresh gold mine bids next month

In what may help meet India’s demand for the precious metal, Jharkhand is all set to become the second state ......

Indian manufacturers seek anti-dumping duty on imported steel

Manufacturing

17 March, 2016

Indian manufacturers seek anti-dumping duty on imported steel

Adding to the raft of representations made to the Indian government seeking protective measures, domestic manufacturers such as JSW Steel ......

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