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Manufacturing

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

Deepak Fertilizers gets Competition Commission of India nod to buy additional stake in MCFL

Manufacturing

21 August, 2014

Deepak Fertilizers gets Competition Commission of India nod to buy additional stake in MCFL

Competition Commission has approved Deepak Fertilizers' proposed additional stake buy in Vijay Mallya group firm Mangalore Chemicals and Fertilizers.The approval ......

JSW Steel agrees to buy Welspun Maxsteel for over $163M

Manufacturing

20 August, 2014

JSW Steel agrees to buy Welspun Maxsteel for over $163M

India's third-largest steelmaker JSW Steel Limited has decided to acquire Welspun Energy Ltd’s entire stake in sponge iron firm Welspun ......

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WestBridge exits Vinati Organics with 2.8x

Manufacturing

14 August, 2014

WestBridge exits Vinati Organics with 2.8x

Private equity investor WestBridge Capital has scored its third part/full exit from a portfolio firm since January this year by selling ......

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Gammon India looks to sell conductor manufacturing unit to pare debt

Manufacturing

14 August, 2014

Gammon India looks to sell conductor manufacturing unit to pare debt

Mumbai-headquartered engineering and construction company Gammon India is looking to sell its conductor manufacturing unit at Silvassa, as part of ......

Industrial growth slows to 3.4% in June, consumer inflation rises again in July

Manufacturing

12 August, 2014

Industrial growth slows to 3.4% in June, consumer inflation rises again in July

Industrial activity remains in the positive zone but is yet to show momentum for a strong bounce back with the ......

Himatsingka buys remaining 30% stake in Italian home textile co Giuseppe Bellora

Manufacturing

12 August, 2014

Himatsingka buys remaining 30% stake in Italian home textile co Giuseppe Bellora

Bangalore-based textile designing and manufacturing company Himatsingka Seide Ltd has acquired remaining 30 per cent stake in Italy's Giuseppe Bellora ......

ACC appoints Harish Badami as new CEO & managing director

Manufacturing

13 August, 2014

ACC appoints Harish Badami as new CEO & managing director

The Board of Directors of ACC Limited today appointed Harish Badami as CEO & Managing Director designate with effect from ......

Swiss lock maker Kaba hikes stake in Indian JV with Dorset to 74%

Manufacturing

07 August, 2014

Swiss lock maker Kaba hikes stake in Indian JV with Dorset to 74%

Switzerland-based Kaba Holdings AG has hiked its stake in its Indian joint venture Dorset Kaba Security Systems Pvt Ltd to ......

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Shakti Pumps to raise up to $33M in PE funding

Manufacturing

05 August, 2014

Shakti Pumps to raise up to $33M in PE funding

Submersible water pumps manufacturer Shakti Pumps India Ltd is planning to raise around Rs 150-200 crore (up to $33 million) ......

Carborundum Universal buying out Israeli partner in 51:49 JV

Manufacturing

05 August, 2014

Carborundum Universal buying out Israeli partner in 51:49 JV

Murugappa Group firm Carborundum Universal Limited (CUMI) is looking to acquire 49 per cent equity stake its joint venture Cellaris Refractories India ......

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