Manufacturing

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

Asian Paints hikes stake in Singapore arm to 96.7%, gets it delisted from SGX

Manufacturing

14 February, 2014

Asian Paints hikes stake in Singapore arm to 96.7%, gets it delisted from SGX

Asian Paints (International) Ltd (APIL), a wholly-owned subsidiary of India’s largest paints company Asian Paints Ltd, has hiked its stake ......

Manufacturing

11 February, 2014

IFC exits Coimbatore-based LG Balakrishnan at loss

The International Finance Corporation, the private sector lending arm of the World Bank, has exited the Coimbatore-based auto component manufacturer LG Balakrishnan ......

Manufacturing

06 February, 2014

KKR investing $100M in Gautam Thapar's Avantha Group

Private equity major KKR has signed an agreement with Gautam Thapar-promoted Avantha Group to invest Rs 630 crore ($100 million) ......

Manufacturing

06 February, 2014

Shilpi Cable raising $3.2M through preferential allotment to FIIs

Shilpi Cable Technologies Ltd is raising around Rs 20.27 crore ($3.24 million) through a preferential allotment of shares to a ......

Manufacturing

14 February, 2014

India approves two semiconductor wafer plants worth $10B

India has approved the setting up of semiconductor wafer plants by two consortia, including IBM Corp, Israel's TowerJazz and STMicroelectronics ......

Manufacturing

04 February, 2014

Winsome Yarns selling knitting division to a Middle East-based firm

Winsome Yarns Ltd, a Chandigarh-based yarn manufacturing company, is selling its knitting division to a Middle East-based company for an ......

Manufacturing

31 January, 2014

Siemens gets board nod to acquire rail automation unit from parent for $9M

Siemens Ltd, the public listed Indian arm of the German conglomerate, said its board has approved a proposal to acquire ......

Manufacturing

29 January, 2014

McNally Bharat's Singapore arm sells entire 41.66% stake in Hayward Tyler Group for $20.5M

McNally Bharat Engineering (MBE) Company Ltd's Singapore-based subsidiary MBE Mineral Technologies Pte Ltd has offloaded its entire holding of 41.66 ......

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Manufacturing

29 January, 2014

Raj Bagri's investment arm part exits Tecpro with deep haircut after scoring multi-bagger in its IPO

London-based Indian businessman Raj Bagri, who co-invested in material handling company Tecpro Systems along with private equity firm Avigo Capital ......

Manufacturing

29 January, 2014

Suzuki to invest around $490M to complete Maruti's suspended manufacturing project in Gujarat

Japanese automaker Suzuki will complete the pending manufacturing plant project of Indian public listed arm Maruti Suzuki which was stalled ......

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