Gravita India Limited together with its subsidiary Company, Gravita Exim Limited have acquired 60 per cent stake in K.M. Udyog, Jammu. The installed Lead manufacturing and refining capacity of K.M. Udyog, Jammu is 7200 million tons per annum.
With this addition, the enhanced capacity of Gravita India Limited will be 45,900 million tons per annum. The

According to the Indian Electricals and Electronics Manufacturers Association (IEEMA), the number of foreign direct investments targeting companies in the electrical products industry has increased in recent times. The agency revealed that major electrical products companies in the world are increasingly taking up acquisition investments in the country, with the latest being the takeover of

The French company, Legrand Group Friday announced it had proposed an offer for the acquisition of Indo Asian Switchgear division from its parent company the Indo Asian Fusegear Limited. The company said the proposal had gotten overwhelming approval from the company’s board of directors but would still have to get corporate approval.
With the offer for