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Manufacturing

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

Piramal Alternatives invests $27 mn in specialty chemicals firm

Manufacturing

07 August, 2023

Piramal Alternatives invests $27 mn in specialty chemicals firm

Piramal group’s alternate asset arm Piramal Alternatives has tapped the fragrance and flavour (F&F) sector making a ......

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Waaree Energies revives IPO plan after raising over $200 mn in private capital

Manufacturing

02 August, 2023

Waaree Energies revives IPO plan after raising over $200 mn in private capital

Waaree Group, one of India’s largest makers of solar energy equipment, has revived its plans to list its group holding......

Adani-owned Ambuja Cements to buy majority stake in Sanghi Industries

Manufacturing

03 August, 2023

Adani-owned Ambuja Cements to buy majority stake in Sanghi Industries

India's Ambuja Cements has reached a deal to acquire a majority stake in operations of Sanghi Industries, two ......

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Hero Electric's PE fundraising flounders as EV sales slump, subsidy mess worsens

Manufacturing

28 July, 2023

Hero Electric's PE fundraising flounders as EV sales slump, subsidy mess worsens

Hero Electric Vehicles Pvt. Ltd’s efforts to receive capital previously committed by two alternative investment firms ......

IPO-bound Ola Electric records $136 mn loss for FY23

Manufacturing

28 July, 2023

IPO-bound Ola Electric records $136 mn loss for FY23

India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million......

Samvardhana Motherson buys Dr. Schneider Group as 2023 shopping bill tops $900 mn

Manufacturing

24 July, 2023

Samvardhana Motherson buys Dr. Schneider Group as 2023 shopping bill tops $900 mn

Auto parts maker Samvardhana Motherson International has agreed to acquire Germany's Dr. Schneider Group through an ......

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Rohatyn charts nearly $300 mn India exit after poor show from another legacy bet

Manufacturing

20 July, 2023

Rohatyn charts nearly $300 mn India exit after poor show from another legacy bet

The Rohatyn Group (TRG), which recently elevated its India country head adding to its dozen-odd partners across various ......

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SRF set to pocket $100-mn from offshore investor

Manufacturing

17 July, 2023

SRF set to pocket $100-mn from offshore investor

Indian chemicals manufacturer SRF Ltd is set to receive $100 million (Rs 821 crore) in debt investment from an overseas ......

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Spotlight: Why PE-backed Micro Plastics hasn't gained as expected from China+1 theme

Manufacturing

14 July, 2023

Spotlight: Why PE-backed Micro Plastics hasn't gained as expected from China+1 theme

Toymaker Micro Plastics Pvt. Ltd has steadily expanded over the last decade but hasn’t yet managed to accelerate ......

China's BYD seeks nod for $1 bn plan to build EVs, batteries in India

Manufacturing

14 July, 2023

China's BYD seeks nod for $1 bn plan to build EVs, batteries in India

China's BYD Co has submitted a $1 billion investment proposal to build electric vehicles and batteries in India in ......

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