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Manufacturing

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

Sesa Goa acquires remaining 49% stake in iron ore firm Western Cluster for $33.5M

Manufacturing

21 December, 2012

Sesa Goa acquires remaining 49% stake in iron ore firm Western Cluster for $33.5M

Vedanta Resources Plc. subsidiary Sesa Goa Ltd has acquired the remaining 49 per cent stake in Liberia-based iron ore firm ......

Gujarat-based Sumeet Industries raising $1.8M from IFCI Venture Capital

Manufacturing

20 December, 2012

Gujarat-based Sumeet Industries raising $1.8M from IFCI Venture Capital

Sumeet Industries Ltd is raising around Rs 10 crore ($1.8 million) from IFCI Venture Capital Funds Ltd. The investment is ......

Germany's Gerresheimer AG acquires 75% stake in Triveni Polymers

Manufacturing

19 December, 2012

Germany's Gerresheimer AG acquires 75% stake in Triveni Polymers

Germany’s Gerresheimer AG, a specialist in advanced glass and plastic products, has acquired 75 per cent stake in Delhi-based Triveni ......

M&M to buy out Navistar stakes in Indian truck biz for $33M

Manufacturing

19 December, 2012

M&M to buy out Navistar stakes in Indian truck biz for $33M

Mahindra & Mahindra Ltd (M&M) is buying out its overseas partner Navistar International Corp in two joint ventures, producing and ......

Japan's Nabtesco picks 49% stake in auto component JV with Uno Minda

Manufacturing

17 December, 2012

Japan's Nabtesco picks 49% stake in auto component JV with Uno Minda

Nabtesco Automotive Corporation, a Japanese firm specialising in air-brake components, has joined hands with Indian auto components manufacturer Uno Minda for ......

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IFC sells 10.88% stake in Kanoria Chemicals, exits with modest dollar gains

Manufacturing

14 December, 2012

IFC sells 10.88% stake in Kanoria Chemicals, exits with modest dollar gains

International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has exited its five-year-old investment in ......

Tata Advanced Systems acquires majority stake in Aurora Integrated Systems

Manufacturing

12 December, 2012

Tata Advanced Systems acquires majority stake in Aurora Integrated Systems

Tata Advanced Systems Ltd (TASL), a subsidiary of Tata Sons, has acquired majority stake in Bangalore-based Aurora Integrated Systems Ltd ......

Reliance sells entire stake in Yemen block to Indonesia's Medco for $90M

Manufacturing

14 December, 2012

Reliance sells entire stake in Yemen block to Indonesia's Medco for $90M

Reliance Exploration and Production DMCC, a fully owned subsidiary of Reliance Industries Ltd has sold its entire 25 per cent ......

IFC to pick 8.9% stake in Ramkrishna Forgings for $5M

Manufacturing

11 December, 2012

IFC to pick 8.9% stake in Ramkrishna Forgings for $5M

International Finance Corporation (IFC), the private sector arm of the World Bank Group, is acquiring 8.9 per cent stake in ......

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International Paper in talks to buy West Coast promoters' stake for $220M

Manufacturing

03 December, 2012

International Paper in talks to buy West Coast promoters' stake for $220M

The world’s largest paper company International Paper is in negotiations with SK Bangur group to buy out promoters’ majority stake ......

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