UK MANUFACTURING

Bounce Infinity will manufacture and distribute the i300 range of vehicles, which Zapp had first introduced in 2018. The firm also sells its range of electric scooters. It had raised $20 million in a funding round in January last year, with particip...

Bounce Infinity, previously Wicked Ride, will manufacture Zapp's i300 two-wheelers in Bhiwadi. With post-COVID-19 rebranding and $20 million funding from investors like Accel, Bounce shifted to scooter rentals. Targeting a 45% market share by 2030, ...

Britain's economic output increased by 0.4% in May, a higher than expected increase, largely due to a surge in housing construction. The Office for National Statistics data showed a broad-based increase in services, manufacturing, and construction i...

The Labour government in Britain has pledged to grow the economy following a landslide election victory over the Conservatives. Prime Minister Keir Starmer has promised investment in key areas such as health and education but also stressed the need ...

In the upcoming budget, key priorities for the export sector include boosting e-commerce exports through streamlined policies and infrastructure enhancements. Additionally, there is a push for Production Linked Incentive (PLI) schemes aimed at revit...

Industry players at the Drone International Expo 2024 in Delhi called for improved policies and incentives to boost indigenisation in the Indian drone market, projected to reach USD 27 million revenue by 2024. Experts emphasised the need for a suppo...

While output and overall new orders grew at close to their fastest pace in two years, export orders fell for a 29th successive month, due to the shipping delays and high freight costs.

Amidst shifting economic indicators, precious metal prices reflect market uncertainties and investor sentiments influenced by global economic trends and policy decisions. The intricate balance between supply, demand, and macroeconomic factors drives...

India recorded a current account surplus of USD 5.7 billion or 0.6 per cent of GDP in the March quarter. This is the first time in ten quarters that the crucial metric of the country's external strength has turned into surplus mode. In the year-ago ...

Bajaj Auto opened a new manufacturing plant in Brazil to produce Dominar models and expand its global presence with partners like KTM AG and Triumph, targeting the growing Latin American two-wheeler market.

Ahead of the parliamentary elections in the UK, there has been an outbreak of COVID-19 cases, in large numbers. New strains are causing this surge in cases.

A new report by the Confederation of Indian Industry predicts the demand for electronics components and sub-assemblies in India to reach $240 billion by 2030, supporting a $500 billion electronics production. Priority components like PCBAs are expec...

Abhinav Sinha of British International Investment envisions India surpassing China in EV adoption by 2030, ahead of Europe and the US, driven by government support and cost considerations, emphasizing the country's potential for significant growth i...

A recent study by Nexgen Exhibitions highlights the importance of streamlining foreign direct investment (FDI), enhancing Research & Development (R&D), and boosting manufacturing capabilities to help India achieve its USD 5 billion defence export go...

In early 2024, Britain's economy saw a quick recovery but stalled in April due to drops in industrial and construction output, posing challenges for Prime Minister Rishi Sunak before the July 4 election. The Office for National Statistics reported f...

Dr Snehal Lunawat was the first case in which the AEFI committee accepted there was a direct correlation between vaccination and death. Many of the petitioners, like her father Dilip, have questioned why information about the side-effects wasn’t mad...

Wales First Minister Vaughan Gething held a meeting with Tata Steel to discuss expected job losses at the company's Port Talbot plant in South Wales. The company plans to close two furnaces and replace them with electric furnaces as part of its gree...

Tata Group unveiled plans for a £4 billion battery factory in Bridgwater, UK, its first gigafactory outside India. Located at the Gravity Smart Campus in Somerset, the 40 GWh plant will be among Europe's largest battery-cell manufacturing sites. It ...

Woodfield Systems International (WSI) has acquired Woodfield Systems UK to manufacture marine loading arms in India for bulk fluids and gas, including LNG and liquid hydrogen. This aligns with India's energy demand growth and infrastructure plans. W...