3M India to Cease PG&F Operations After Global Closing on April 1, 2026

3M India Ltd has announced an update on the Precision Grinding & Finishing (PG&F) business. In September 2025, 3M Company, USA agreed to sell the global PG&F business to Nimbus, a Europe-based private equity firm. The PG&F business in India generated approximately INR 26 crore in sales during FY 2024-25 and is supported by two employees. Due to the global sale, 3M India will cease all PG&F related operations in India upon the closing, which is expected on April 1, 2026. A Transition Distribution Services Agreement will be in place for up to 12 months, extendable by an additional 6 months, to ensure continuity of supply to customers during the transition phase.