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Manufacturing

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

Industrial growth skids to 0.5% in July; consumer inflation eases in August

Manufacturing

12 September, 2014

Industrial growth skids to 0.5% in July; consumer inflation eases in August

Industrial activity remains in the positive zone but barely so with the index of industrial production (IIP) rising a mere ......

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KKR-backed Archean Group divests majority stake in fertiliser business in Senegal

Manufacturing

11 September, 2014

KKR-backed Archean Group divests majority stake in fertiliser business in Senegal

Chennai-based privately held industrial conglomerate Archean Group, which was recently backed with mezzanine funding from KKR, has divested its entire ......

I-banker Manisha Girotra joins Ashok Leyland's board as independent director

Manufacturing

10 September, 2014

I-banker Manisha Girotra joins Ashok Leyland's board as independent director

Ashok Leyland Ltd, the second-largest commercial vehicle maker in India, has appointed Manisha Girotra as its independent director on the ......

PE-backed Sharda Cropchem IPO oversubscribed 59x

Manufacturing

10 September, 2014

PE-backed Sharda Cropchem IPO oversubscribed 59x

Mumbai-based agrochemical firm Sharda Cropchem Ltd's initial public offer (IPO), which had sailed through on day 2 itself, saw bumper ......

MCap investing over $5M in PET bottle recycling firm Ganesha Ecosphere

Manufacturing

08 September, 2014

MCap investing over $5M in PET bottle recycling firm Ganesha Ecosphere

Private equity fund MCap is acquiring 15.6 per cent equity stake in Kanpur-based Ganesha Ecosphere Ltd through a preferential allotment ......

PE-backed Sharda Cropchem IPO fully covered on day 2

Manufacturing

08 September, 2014

PE-backed Sharda Cropchem IPO fully covered on day 2

Mumbai-based agrochemical firm Sharda Cropchem Ltd's initial public offer (IPO) sailed through on day 2 itself with all three groups ......

Engineering firm MR Organisation raises funding from Sarthi Angels

Manufacturing

08 September, 2014

Engineering firm MR Organisation raises funding from Sarthi Angels

Ahmedabad-headquartered M.R. Organisation Ltd, a manufacturer and exporter of kits related to compressed air market, has raised an undisclosed amount ......

Bharat Forge sells stake in 50:50 automotive solutions JV to KPIT Technologies

Manufacturing

08 September, 2014

Bharat Forge sells stake in 50:50 automotive solutions JV to KPIT Technologies

Bharat Forge Ltd, a part of diversified business conglomerate Kalyani group, has offloaded its 50 per cent equity stake in ......

JSW Steel is in race to acquire Italy's Lucchini for around $100M

Commodities

15 September, 2014

JSW Steel is in race to acquire Italy's Lucchini for around $100M

Private steel major JSW Steel is planning to acquire Italy's Lucchini SpA for less than USD 100 million and start ......

Aditya Birla Chemicals to buy chlor-alkali unit of Jayshree Chemicals for $35M

Manufacturing

08 September, 2014

Aditya Birla Chemicals to buy chlor-alkali unit of Jayshree Chemicals for $35M

Aditya Birla Chemicals today said it will acquire the chlor-alkali division of Jayshree Chemicals Ltd (JCL) for a cash consideration ......

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