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Manufacturing

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

Tiger Global-backed Groyyo nears $200 mn revenue rate, hits breakeven

Manufacturing

08 May, 2023

Tiger Global-backed Groyyo nears $200 mn revenue rate, hits breakeven

Business-to-business (B2B) manufacturing and automation startup Groyyo is nearing a $200 million revenue rate, closing ......

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Kedias back in packaging biz after selling Manjushree to Advent

Manufacturing

04 May, 2023

Kedias back in packaging biz after selling Manjushree to Advent

Kedia family, which initially sold a large stake to private equity firm Kedaara Capital and later saw buyout major ......

JSW Steel USA plans to invest $145 mn to ramp-up US ops

General

03 May, 2023

JSW Steel USA plans to invest $145 mn to ramp-up US ops

JSW Steel Ltd on Wednesday said its subsidiary, JSW Steel USA, is set to invest $145 million in a series ......

Hindustan Zinc's $3-bn bid to buy Vedanta's assets lapses

Manufacturing

02 May, 2023

Hindustan Zinc's $3-bn bid to buy Vedanta's assets lapses

Hindustan Zinc Ltd's proposal to buy certain zinc assets from Vedanta Group for $2.98 billion in cash has lapsed as ......

India factory activity hits four-month high in April on robust demand

Manufacturing

01 May, 2023

India factory activity hits four-month high in April on robust demand

India's factory activity expanded at its quickest pace in four months in April, driven by solid growth in new orders......

Former Temasek exec Promeet Ghosh joining portfolio firm as CEO

Manufacturing

25 April, 2023

Former Temasek exec Promeet Ghosh joining portfolio firm as CEO

Promeet Ghosh, who was deputy India head at Temasek until a year ago, is taking over as the Managing Director ......

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JSW looks to pick up a stake in MG Motor India

Manufacturing

25 April, 2023

JSW looks to pick up a stake in MG Motor India

MG Motor India, the local arm of SAIC-owned automaker Morris Garages, is in advanced talks to sell close to a ......

PE firm Amicus Capital bets on aerospace components maker Aequs

Manufacturing

18 April, 2023

PE firm Amicus Capital bets on aerospace components maker Aequs

Mid-market private equity firm Amicus Capital has led a $27.5 million (Rs 225 crore) equity round of funding in Belagavi......

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Advent International strikes bolt-on deal in Indian chemicals industry

Manufacturing

17 April, 2023

Advent International strikes bolt-on deal in Indian chemicals industry

Global private equity investor Advent International has signed a bolt-on deal in India’s chemicals industry, marking ......

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Belgium's Ackermans & van Haaren leading India deal with local GP

Manufacturing

17 April, 2023

Belgium's Ackermans & van Haaren leading India deal with local GP

Belgian investment group Ackermans & van Haaren has joined hands with an Indian private equity firm for a deal worth ......

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