Manufacturing
Stay informed on news, industry trends, funding, and policies shaping the future of the manufacturing sector in India.
Manufacturing
Ola Electric slashes sales targets, delays profit goal ahead of planned IPO
India's Ola Electric has slashed its sales goals for 2023-2025 by more than half and delayed its target of achieving......
Manufacturing
Exclusive: Dutch chemicals major IMCD set to wrap up $640 mn India M&A deal
The Netherlands-based IMCD NV, which sells specialty chemicals and food and pharmaceutical ingredients worldwide, is ......
Manufacturing
Aerospace and defence manufacturer CoreEL Technologies raises funding
Bengaluru-based aerospace and defence products manufacturer CoreEL Technologies has secured $16 million ( ₹133.4 crore......
Manufacturing
JSW, China's SAIC form new India venture for green mobility
Indian conglomerate JSW Group and China's SAIC Motor have formed a joint venture in India with a focus on green ......
Manufacturing
UltraTech to acquire Kesoram's cement business in $645-mn deal
India's UltraTech Cement said on Thursday it will buy the cement business of Kesoram Industries in an all-stock deal......
Manufacturing
KIA-owned Kuwait Investment Company exits oil and gas firm
Sovereign wealth fund Kuwait Investment Authority (KIA)-owned Kuwait Investment Company (KIC) has exited oil and gas ......
Manufacturing
Whirlpool to sell 24% stake in India business to reduce debt
Whirlpool Corp said on Thursday it will sell up to 24% of its ownership interest in Whirlpool of India Ltd ......
Manufacturing
Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target
SoftBank-backed electric scooter maker Ola Electric posted a wider loss in the financial year through March 2023 but ......
Manufacturing
RP-Sanjiv Goenka's PCBL to acquire Aquapharm for $456 mn
RP-Sanjiv Goenka Group’s PCBL Ltd has agreed to acquire 100% stake in Pune-based Aquapharm Chemicals Pvt. Ltd for ₹3......
Manufacturing
How Ola Electric's service network is feeling the strains of success
Bhavish Aggarwal, India's answer to Elon Musk, is racing to roll out millions of electric scooters and speed his ......
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