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Manufacturing

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

PE-backed Diamond Power buys stake in Maktel Control & Systems

Manufacturing

20 July, 2012

PE-backed Diamond Power buys stake in Maktel Control & Systems

Kotak PE and Clearstone-backed Diamond Power Infrastructure Ltd has acquired an undisclosed stake in privately held Maktel Control and Systems ......

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Temasek exits home textiles maker Welspun India with huge haircut

Manufacturing

17 July, 2012

Temasek exits home textiles maker Welspun India with huge haircut

Singapore government’s sovereign fund Temasek has completely exited home textiles maker Welspun India Ltd by selling its entire stake for ......

United Phosphorus unit acquires Netherland's SD Agchem

Manufacturing

16 July, 2012

United Phosphorus unit acquires Netherland's SD Agchem

Agrochemicals major United Phosphorus Ltd’s overseas arm has acquired Netherlands-based SD Agchem (Europe) NV, a wholly owned subsidiary of Mumbai-based ......

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SAIF Partners buys 2.8% more in Blue Star for $8.5M

Manufacturing

13 July, 2012

SAIF Partners buys 2.8% more in Blue Star for $8.5M

SAIF Partners, an Asia-focused venture and growth capital investor, has increased its shareholding to 4.2 per cent stake in Blue ......

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Murugappa Group to buy 44.12% promoter stake in Shanthi Gears for $53.3M

Manufacturing

13 July, 2012

Murugappa Group to buy 44.12% promoter stake in Shanthi Gears for $53.3M

Murugappa Group’s flagship company, Tube Investments of India Ltd (TII), engaged in diversified operations such as auto-ancillary products, bicycle retailing, ......

IIP growth at 2.4% in May; Has it really bottomed out?

Manufacturing

12 July, 2012

IIP growth at 2.4% in May; Has it really bottomed out?

India’s industrial output, measured by the index of industrial production (IIP), grew 2.4 per cent in May over the same ......

L&T's Tamco Switchgear acquires Henikwon Corporation

Manufacturing

12 July, 2012

L&T's Tamco Switchgear acquires Henikwon Corporation

Larsen & Toubro’s Malaysia-based wholly owned subsidiary Tamco Switchgear has acquired Henikwon Corporation Sdn Bhd, a Malaysian manufacturer of low ......

Monnet Ispat in bidding war with Bhushan Steel for Orissa Sponge Iron

Manufacturing

06 July, 2012

Monnet Ispat in bidding war with Bhushan Steel for Orissa Sponge Iron

A bidding war is at works for Orissa Sponge Iron & Steel Co. Jajodias promoted Monnet Ispat & Energy has ......

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What is AV Birla Group betting on with 3rd Canadian pulp assets acquisition

Manufacturing

06 July, 2012

What is AV Birla Group betting on with 3rd Canadian pulp assets acquisition

Aditya Birla group has struck a deal to acquire assets of Canadian paper grade pulp manufacturer Terrace Bay Pulp Inc, ......

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GMR in $547M reverse merger deal for Indonesian coal assets

Manufacturing

05 July, 2012

GMR in $547M reverse merger deal for Indonesian coal assets

GMR Infrastructure Ltd has struck a $547 million reverse merger deal for its Indonesian coal mining and trading asset PT ......

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