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Manufacturing

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

CRH's Indian associate My Home Industries buys Sree Jayajothi Cements for $230M

Manufacturing

22 August, 2013

CRH's Indian associate My Home Industries buys Sree Jayajothi Cements for $230M

My Home Industries Ltd (MHIL), an equal equity joint venture between Irish building materials major CRH and Hyderabad-based My Home ......

ONGC Videsh to buy Anadarko's 10% stake in Mozambique gas field for $2.6B

Manufacturing

26 August, 2013

ONGC Videsh to buy Anadarko's 10% stake in Mozambique gas field for $2.6B

ONGC Videsh Ltd (OVL), the overseas arm of oil & gas exploration major ONGC, has signed a definitive agreement to ......

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Pragati India Fund investing $6.3M in Lucknow-based PTC Industries

Manufacturing

20 August, 2013

Pragati India Fund investing $6.3M in Lucknow-based PTC Industries

Pragati India Fund, a private equity fund targeting economically underdeveloped and low-income states of India, is picking up a stake ......

Actis-controlled Halonix reports strong revenue growth; general lighting business turns around

Manufacturing

14 August, 2013

Actis-controlled Halonix reports strong revenue growth; general lighting business turns around

Lighting products maker Halonix Ltd (formerly Phoenix Lamps) reported a 31.65 per cent increase in revenues for the quarter ended ......

BCCL raising stake in Gujarat NRE Coke

Manufacturing

12 August, 2013

BCCL raising stake in Gujarat NRE Coke

Kolkata-based coking coal firm Gujarat NRE Coke Ltd is raising Rs 12.6 crore ($2.07 million) from ad-for-equity media investor Bennett ......

Pipavav Defence looking to raise $150M through LSE listing by Oct

Manufacturing

13 August, 2013

Pipavav Defence looking to raise $150M through LSE listing by Oct

SKIL Group’s Pipavav Defence and Offshore Engineering Co Ltd has said it is looking to raise $150 million through a ......

Siemens selling two units to German parent for $20.2M

Manufacturing

02 August, 2013

Siemens selling two units to German parent for $20.2M

Siemens Ltd, the public listed Indian arm of the German conglomerate, is selling two of its businesses—Postal and Parcel Logistics ......

Blackstone-controlled Gokaldas Exports cuts net loss on forex gains

Manufacturing

01 August, 2013

Blackstone-controlled Gokaldas Exports cuts net loss on forex gains

Garments exporter Gokaldas Exports Ltd has cut its net loss by a third in spite of deteriorating operating earnings in ......

Holcim to restructure India operations and raise stake in Ambuja Cements to over 61%

Manufacturing

06 August, 2013

Holcim to restructure India operations and raise stake in Ambuja Cements to over 61%

Swiss cement maker Holcim is restructuring its holdings in India in a move which will see it encashing a large ......

Factory PMI near contraction as orders sink

Manufacturing

01 August, 2013

Factory PMI near contraction as orders sink

A slowdown in factory activity deepened in July as order books shrank by the most in over four years, suggesting ......

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