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Manufacturing

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

India throws $15B lifeline to world's iron ore miners

Manufacturing

29 November, 2012

India throws $15B lifeline to world's iron ore miners

India's efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and ......

Saab to pick 26% stake in aerostructure assembly JV with PE-backed QuEST

Manufacturing

27 November, 2012

Saab to pick 26% stake in aerostructure assembly JV with PE-backed QuEST

Warburg Pincus-backed QuEST Global’s group firm QuEST Global Manufacturing has signed a joint venture agreement with Swedish defence and security ......

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Apollo Tyres drops QIP plan, scouts for PE funding

Manufacturing

22 November, 2012

Apollo Tyres drops QIP plan, scouts for PE funding

Apollo Tyres has dropped its plan to raise $150 million through a qualified institutional placement (QIP) and it is now ......

VISA Steel to sell 49% stake in coke-making JV to US-based SunCoke for $67M

Manufacturing

20 November, 2012

VISA Steel to sell 49% stake in coke-making JV to US-based SunCoke for $67M

Bhubaneswar-based steel manufacturing company VISA Steel Ltd has formed a coke-making joint venture with SunCoke Energy Inc. of the US ......

New Zealand-based Fletcher Building buying Well Pack's laminate biz for $6.6M

Manufacturing

14 November, 2012

New Zealand-based Fletcher Building buying Well Pack's laminate biz for $6.6M

Formica Group, a part of New Zealand's Fletcher Building Ltd, has acquired the decorative laminate manufacturing division of Well Pack ......

Hinduja Group's Gulf Oil buys Houghton for $1.04B

Manufacturing

16 November, 2012

Hinduja Group's Gulf Oil buys Houghton for $1.04B

Hinduja Group company Gulf Oil Corporation Ltd (GOCL), through its UK subsidiary, has acquired 100 per cent stake in Houghton ......

Tata Power buys 26% of Indonesian coal producer Baramulti Sukses Sarana

Manufacturing

08 November, 2012

Tata Power buys 26% of Indonesian coal producer Baramulti Sukses Sarana

Tata Power has bought a 26 per cent stake in Indonesian coal producer PT Baramulti Sukses Sarana Tbk (BSSR), which ......

IFC to part-finance ChrysCap-backed JMT Auto's capex

Manufacturing

02 November, 2012

IFC to part-finance ChrysCap-backed JMT Auto's capex

World Bank arm IFC is providing long-term finance to ChrysCapital-backed auto-component maker JMT Auto Ltd to support its capex plan, according ......

IFC-backed JK Paper picking 20% stake in packaging JV with Oji and Marubeni

Commodities

01 November, 2012

IFC-backed JK Paper picking 20% stake in packaging JV with Oji and Marubeni

Paper manufacturing company JK Paper Ltd has joined hands with Japan’s Oji Holdings Corporation and Marubeni ......

Jindal Poly Films to acquire global BOPP business of ExxonMobil

Manufacturing

06 November, 2012

Jindal Poly Films to acquire global BOPP business of ExxonMobil

Jindal Poly Films Ltd has struck a deal to acquire the global biaxially oriented polypropylene (BOPP) business of ExxonMobil Chemical ......

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