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Manufacturing

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

Nagpur Automotive Buys Adhunik Metaliks' Forging Arm For $44M

Manufacturing

12 May, 2012

Nagpur Automotive Buys Adhunik Metaliks' Forging Arm For $44M

Clearwater Capital Partners-backed , has sold its forging subsidiary to Nagpur Automotive Industries Pvt Ltd for Rs 230 crore ($44 ......

Warburg Pincus-backed Alliance Tire May Get $65M IFC Financing

Manufacturing

27 April, 2012

Warburg Pincus-backed Alliance Tire May Get $65M IFC Financing

International Finance Corporation (IFC) is looking to provide debt funding of up to $65 million to Mumbai-based Alliance Tire Group, ......

Bhushan Steel Makes Open Offer For Orissa Sponge

Manufacturing

26 April, 2012

Bhushan Steel Makes Open Offer For Orissa Sponge

Bhushan Steel Group has literally reignited a unique three-year-old, three-way takeover battle for Bhubaneswar-based public-listed company Orissa Sponge Iron & ......

Rallis India To Buy Majority Stake In Agri Inputs Firm

Manufacturing

24 April, 2012

Rallis India To Buy Majority Stake In Agri Inputs Firm

Rallis India Ltd, a subsidiary of Tata Chemicals, has struck a deal to acquire 51 per cent stake in Zero ......

Actis, CDC Exit Nine Year Old Investment In SML Isuzu

Manufacturing

20 April, 2012

Actis, CDC Exit Nine Year Old Investment In SML Isuzu

Private equity firm Actis and UK-based development finance institution CDC Group have exited their nine-year old investment in commercial vehicle ......

Kitara Capital Buys 1.6% In Avigo-backed Tecpro Systems

Manufacturing

19 April, 2012

Kitara Capital Buys 1.6% In Avigo-backed Tecpro Systems

Investment firm Kitara Capital has acquired more than 1.6 per cent stake in Avigo Capital Partners-backed material handling company Tecpro ......

Trafigura To Invest $250M In Nagarjuna Oil

Manufacturing

18 April, 2012

Trafigura To Invest $250M In Nagarjuna Oil

Dutch commodities trader Trafigura is investing $130 million (Rs 650 crore) to acquire 24 per cent stake in Hyderabad-based Nagarjuna ......

Industrial Output Up 4.1% In February, Remains Sluggish

Manufacturing

18 April, 2012

Industrial Output Up 4.1% In February, Remains Sluggish

India's industrial production grew at a slower-than-expected pace in February, weighed down by a contraction in output of consumer durable ......

Unitus Seed Fund, Others Invest In Villgro Innovation

Manufacturing

18 April, 2012

Unitus Seed Fund, Others Invest In Villgro Innovation

Chennai-based Villgro Innovation Marketing Pvt Ltd, an innovative rural distribution company, has raised a significant seed series investment from Unitus ......

Pragati India Fund Invests $5M In Jash Engineering

Manufacturing

18 April, 2012

Pragati India Fund Invests $5M In Jash Engineering

Pragati India Fund, a sector-agnostic private equity fund targeting to invest in economically underdeveloped and low-income states of India, has ......

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