Berlin is set to unleash a massive €4 billion in subsidies aimed at supercharging Germany’s heavy industry. This bold initiative is designed to fuel economic growth and protect jobs, positioning the sector to thrive amid rising global challenges, reports the Financial Times
Browsing: industrial policy
India is embarking on a bold mission to break China’s dominance in rare earth magnets. By aggressively boosting domestic production and strengthening supply chains, the government aims to reduce reliance and supercharge its technology and defense sectors
The UK government has stepped in to support British Steel, a bold move designed to breathe new life into the struggling mill. This intervention highlights just how vital the steel industry is to our economy and job market, especially as it faces ongoing challenges.
China’s bold “Made in China 2025” initiative set out to revolutionize the nation’s manufacturing capabilities, yet it has drawn scrutiny for its heavy dependence on state backing and a lack of groundbreaking innovation. As the world evolves, experts are calling for a more flexible strategy that can keep pace with these dynamic changes
Italy is set to unveil a strategic plan aimed at integrating its automotive and defence sectors, as announced by the Minister of Economic Development. This initiative seeks to enhance technological collaboration and bolster national security through innovative manufacturing practices.
Spain is harnessing the power of industrial clusters to spearhead Europe’s energy transition. By fostering collaboration among businesses, research institutions, and government, the country is accelerating innovation in renewable energy and sustainable practices.