Aica Kogyo to Acquire Stylam Industries Stake in ₹2,030 Cr Deal, Boosts India's Mfg

• Japanese company Aica Kogyo to acquire 40% to 53.12% stake in India's Stylam Industries.
• The deal is valued between ₹1,530 crore and ₹2,030 crore, signaling a major strategic investment.
• Aica Kogyo aims for global expansion and entry into India's rapidly growing interior and laminate market.
• Stylam Industries will gain a strong global partner, technology, and international distribution support.
• The acquisition highlights increasing foreign strategic investment in India's manufacturing sector.

Why It Matters: Aica Kogyo's acquisition of Stylam Industries marks a significant foreign investment in India's booming manufacturing sector.