Manufacturing

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

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Former ArcelorMittal exec's PE fund Synergy Capital scores an exit

Manufacturing

26 June, 2023

Former ArcelorMittal exec's PE fund Synergy Capital scores an exit

Synergy Capital, a Dubai-based private equity fund manager set up by a former executive of steelmaker ArcelorMittal, has......

Manufacturing

26 June, 2023

Tiger Global-backed Infra.Market strikes $110-mn deal to buy geosynthetic firm

Tiger Global-backed Infra.Market said Monday it has agreed to buy a majority stake in Strata Geosystems (India) Pvt ......

Manufacturing

19 June, 2023

Timken Singapore to sell stake in Indian unit for $231 mn

The Singapore-based parent of Timken India has proposed to sell an 8.4% stake in the Indian bearings and power ......

Manufacturing

16 June, 2023

Nissan COO Ashwani Gupta, once seen as CEO candidate, to leave company

Nissan Motor's Chief Operating Officer Ashwani Gupta will leave the Japanese automaker later this month to pursue ......

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Manufacturing

15 June, 2023

Harsha Raghavan's PE firm Convergent takes a haircut from recent bet

Homegrown private equity firm Convergent Finance has taken a haircut by selling the bulk of its stake in a manufacturing......

Manufacturing

08 June, 2023

Bain Capital acquires south India-based specialty chemicals maker

Private equity firm Bain Capital has acquired Hyderabad-based Porus Labs, a specialty chemicals company, for an ......

Manufacturing

01 June, 2023

India's May factory activity grows at fastest pace since Oct 2020

India's factory output expanded at the quickest pace since October 2020 last month thanks to strong demand and ......

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Manufacturing

31 May, 2023

PremjiInvest-backed JV hires former exec of Blackstone-controlled firm as CEO

A packaging platform formed by PremjiInvest, the private investment arm of Wipro Ltd founder chairman Azim Premji, along......

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Manufacturing

23 May, 2023

EV maker Omega in talks with PE funds, impact investors to raise $100 mn

Electric vehicle maker Omega Seiki Mobility (OSM) is in talks with a clutch of financial investors, including impact ......

Manufacturing

17 May, 2023

Tesla proposes new EV plant in India for domestic sales, exports

Tesla Inc has proposed setting up a factory in India to build electric cars for domestic sale and export, the ......

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