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India Resurgence Fund to acquire Anthea Aromatics for $125 million

IndiaRF, which raised its inaugural $629 million fund with contributions from the Canada Pension Plan Investment Board (CPPIB) and World Bank’s IFC, invests across industrial, infrastructure, and consumer sectors, focusing on revitalising companies through recapitalisation and operational reformsRead more

Capital-intensive industries drive employment growth in India: Goldman Sachs

India’s manufacturing transformation is being fuelled by reforms, including the Production-Linked Incentive (PLI) schemes, which have played a pivotal role in increasing domestic production, fostering technological progress, and drawing both foreign and local investments. Read more

Installation of FGD units represents Rs 60 bn market potential: Adheesh Ramani

In this interview with Rakesh Rao, Adheesh Ramani, CEO, Jasmino Corporation Pvt Ltd, explains criticality of rubber lining for process industries and its role in protecting capital equipment and reducing downtime.Read more

Indian drone industry is witnessing rapid expansion: Rama Krishna

In this exclusive interview with Rakesh Rao, Rama Krishna, Co-founder & CEO, EndureAir Systems, elaborates on the evolution of drone technology in India and their utilities in modern-day warfare and other applicationsRead more

India to become $10 trillion economy by 2032; Overtaking US and China

India's economic expansion has accelerated in recent years; while it took 63 years, from 1947 to 2010, to reach a GDP of $1 trillion, it achieved $2 trillion by 2017 and $3 trillion by 2020.Read more

Bain Capital to invest in auto component maker RSB Transmissions

Bain Capital, a multi-asset alternative investment firm, invests across various asset classes, including private equity, credit, public equity, venture capital, real estate, life sciences, and insurance. Read more

Engineering growth amid the gloom

India's engineering goods exports touched $ 9.04 billion in July 2024, a rise of 3.6 per cent compared to $ 8.72 billion in July 2023, according to EEPC India.Read more

Carraro India files draft papers for Rs 18.11 billion IPO with SEBI

The company generated 64.82% of its revenue from domestic sales last year.Read more

Manufacturing tech startup Fabrication Bazar raises $3 million funding

The profitable start-up Fabrication Bazar (Ben & Gaws), which has built a network of nearly 330+ verified vendors across India and Vietnam, will use the funds to further enhance the tech platform, increasing geographic presence primarily in GCC and SEA regions, and team expansion.Read more

AI-led demand for Indian data centres to add 500 MW of capacity in next 4 years

The sector doubled from 540 MW in 2019 to 1,011 MW in 2023, making India among the fastest-growing DC markets globally.Read more

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