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Manufacturing

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

IFC backs Mahindra's electric three-wheeler, small commercial vehicle unit

Manufacturing

22 March, 2023

IFC backs Mahindra's electric three-wheeler, small commercial vehicle unit

International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, will invest Rs 600 ......

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M&M seeks up to $1.3 bn capital raise for EV arm

Finance

22 March, 2023

M&M seeks up to $1.3 bn capital raise for EV arm

Mahindra & Mahindra Ltd is in advanced talks with global investors to raise $1-1.3 billion by selling shares in its ......

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Nepal's NIIF backs electric mobility firm in third deal

Manufacturing

20 March, 2023

Nepal's NIIF backs electric mobility firm in third deal

Nepal Infrastructures Investment Fund (NIIF), a permanent capital vehicle jointly promoted by alternative investment ......

Apple supplier Foxconn wins AirPod order, plans $200-mn factory in India

Manufacturing

16 March, 2023

Apple supplier Foxconn wins AirPod order, plans $200-mn factory in India

Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a factory ......

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Blackstone spins dream returns from over $1.8 bn India exit

Manufacturing

14 March, 2023

Blackstone spins dream returns from over $1.8 bn India exit

Alternative asset giant Blackstone, that has been on a harvest drive in India and has encashed close to $2 billion ......

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Blackstone exiting from India auto ancillary portfolio firm

Manufacturing

13 March, 2023

Blackstone exiting from India auto ancillary portfolio firm

Blackstone, the world’s largest alternative asset manager, is selling its remaining stake in Sona BLW Precision ......

Adani seeks to sell stake in Ambuja Cement for $450 mn to cut debt: Report

Manufacturing

10 March, 2023

Adani seeks to sell stake in Ambuja Cement for $450 mn to cut debt: Report

Gautam Adani is seeking to sell a stake in his cement business worth about $450 million, the Financial Times reported ......

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Tano Capital scores multi-bagger from India harvest

Manufacturing

09 March, 2023

Tano Capital scores multi-bagger from India harvest

Tano Capital has scored multi-bagger returns on its investment in an Indian company, as the Asia-focussed alternative ......

Adani Group gets $3 bn credit line from sovereign wealth fund

Manufacturing

01 March, 2023

Adani Group gets $3 bn credit line from sovereign wealth fund

India's Adani Group has told creditors it has secured $3 billion loan from a sovereign wealth fund, two sources with......

Feb manufacturing PMI at 4-month low

Manufacturing

01 March, 2023

Feb manufacturing PMI at 4-month low

India's manufacturing sector expanded at the slowest pace in four months in February but remained relatively strong ......

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