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Manufacturing

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

JSW Steel-JSW Ispat merger to create largest Indian steelmaker, but what about value, ask analysts

Manufacturing

05 September, 2012

JSW Steel-JSW Ispat merger to create largest Indian steelmaker, but what about value, ask analysts

JSW Steel scrip dropped 3.65 per cent on Monday after it announced a self-merger with its associate firm JSW Ispat ......

Suzlon appoints former bureaucrat Rohit Modi as CEO for India & emerging markets

Manufacturing

04 September, 2012

Suzlon appoints former bureaucrat Rohit Modi as CEO for India & emerging markets

Wind turbine maker Suzlon has appointed Rohit Modi as CEO for India and emerging Markets, according to a company statement. ......

Blackstone invests $44M in S.H. Kelkar & Co

Manufacturing

04 September, 2012

Blackstone invests $44M in S.H. Kelkar & Co

Private equity major Blackstone Group has said that it is investing Rs 243 crore ($44 million) in S.H. Kelkar & ......

Ravi Uppal steps down from L&T board

Manufacturing

06 September, 2012

Ravi Uppal steps down from L&T board

Ravi Uppal is stepping down from the board of India’s largest engineering company Larsen & Toubro (L&T) in a high ......

Bilcare sells US, UK biz to United Drug for $61M

Manufacturing

03 September, 2012

Bilcare sells US, UK biz to United Drug for $61M

Pharmaceuticals packaging solutions provider Bilcare Ltd has sold its global clinical supplies (GCS) businesses in the US and the UK ......

Expect cement sector to remain under pain in short term: Kumar Mangalam Birla

Manufacturing

30 August, 2012

Expect cement sector to remain under pain in short term: Kumar Mangalam Birla

Kumar Mangalam Birla, head of the multi-billion-dollar diversified Aditya Birla Group and chairman of the country’s largest cement maker UltraTech ......

Tamil Nadu-based ELGI Equipments acquires Italy's Rotair

Manufacturing

30 August, 2012

Tamil Nadu-based ELGI Equipments acquires Italy's Rotair

Tamil Nadu-based air compressor manufacturer ELGI Equipments Ltd has acquired Italy’s Rotair S.p.a. through its subsidiary ELGI Compressors Italy S.r.l. ......

L&T to sell plastics machinery business to Toshiba

Manufacturing

28 August, 2012

L&T to sell plastics machinery business to Toshiba

Engineering major Larsen & Toubro is in talks to sell its plastics machinery business subsidiary L&T Plastics Machinery Ltd (LTPML) ......

SAAB to invest $38M in PE-backed Pipavav Defence and Offshore Engineering

Manufacturing

27 August, 2012

SAAB to invest $38M in PE-backed Pipavav Defence and Offshore Engineering

Swedish defence and security company SAAB has signed a memorandum of understanding (MoU) with Pipavav Defence and Offshore Engineering Co ......

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Mitsui picks up 30% in plumbing major Toto's India unit for $10.9M

Manufacturing

24 August, 2012

Mitsui picks up 30% in plumbing major Toto's India unit for $10.9M

Japanese conglomerate Mitsui & Co., Ltd is picking a 30 per cent stake in the India arm of Toto Ltd, ......

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