Indian firm SMPP has partnered with European defense giant KNDS to locally manufacture loitering munitions. This collaboration brings advanced systems like Colibri, Larinae, Veloce, and Rodeur to India, enhancing its defense capabilities.
FERC is ordering US grid operators to revise rules for connecting large energy users like data centers, as demand strains power grids. The move aims to manage demand, expedite connections for AI race objectives, and ensure reliable, affordable power.
Donald Trump announced Apple will partner with Intel to design and manufacture chips in the US, aiming to rebuild the nation's semiconductor industry. The deal, revealed on Truth Social, is presented as a move to bring manufacturing back from overseas and diversify supply chains.
Donald Trump announced on Truth Social that Apple and Intel will collaborate on designing and manufacturing chips in the US, a move aimed at boosting domestic production and diversifying Apple's supply chain.
Japan is embracing "techno-nationalism" to boost its domestic aerospace industry and reclaim its status as an innovation hub, partly driven by competition with China and a desire for nationally produced solutions.
India is preparing a ₹12,000 crore incentive scheme to boost domestic manufacturing of advanced battery components like cathode and anode active materials, electrolysers, and copper foil separators. This aims to reduce import dependence and supplement existing battery manufacturing capacity.
India is finalizing a ₹12,000 crore incentive scheme to boost domestic manufacturing of advanced battery cell components like cathode and anode active materials, electrolysers, and copper foil separators, aiming to reduce import dependence and support new-age manufacturing.
Ukrainian President Zelenskyy announced G7 leaders agreed to provide additional air-defence support, strengthen Ukraine's energy resilience, and impose fresh sanctions on Russia following the summit in France. The commitments aim to bolster Ukraine's defences against Moscow's invasion.
India has entered the next phase of its Advanced Medium Combat Aircraft (AMCA) program, aiming to develop its first indigenous fifth-generation stealth fighter. The project, led by private industry for the first time, is crucial for the Indian Air Force amid a sophisticated security environment in Asia and aims to close the 'stealth gap' with China and Pakistan.
Listed private manufacturing companies in India saw sales jump 14.5% in Q4 FY26, led by automobiles, electrical machinery, and non-ferrous metals. Overall non-financial companies grew sales by 13.9%. Input cost pressure rose due to higher raw material expenses, while staff costs moderated.
Nvidia is upgrading its AI infrastructure with a $2 billion partnership with Coherent to build a factory in Texas. CEO Jensen Huang believes AI buildout can revive U.S. manufacturing and create jobs, a vision tested by this new facility.
China's Norinco showcased a model of its drone manufacturing process at the Eurosatory exhibition in Paris. The display included a miniature assembly line for drones like the BZK-005E, which is reportedly used in Mauritania and Sudan.
India's DRDO successfully flight-tested the indigenously developed Long Range Land Attack Cruise Missile (LRLACM) off the Odisha coast. The test met all objectives, validating critical technologies and enhancing India's long-range precision strike capability.
A Delhi consumer court has ordered MG Motor India to refund over Rs 18 lakh for a defective MG ZS Astor, citing manufacturing defects and failure to honor warranty. The company must also pay Rs 4 lakh in compensation and legal costs.
UK manufacturers face a "heavy drag" on competitiveness due to the highest electricity prices in the G7. Make UK and TUC call for expanded government relief, costing £3bn, to cover all manufacturers, as current schemes are too narrow.
Elon Musk stated that becoming a quadrillionaire is "not impossible" but would necessitate factories on the Moon and Mars, with a future economy based on mass and energy, not dollars. This follows SpaceX's record-breaking IPO, which valued the company at over $2.1 trillion and made Musk the world's first trillionaire.
Elon Musk stated that reaching quadrillionaire status is possible but would necessitate factories on the Moon and Mars, with a future economy based on mass and energy, not dollars. This follows SpaceX's historic IPO, which valued the company at over $2.1 trillion and made Musk the world's first trillionaire.
India and France have elevated their defense partnership to a Special Global Strategic Partnership, focusing on co-design and co-production of advanced defense platforms. A key area of discussion is a potential collaboration on a sixth-generation fighter jet, with India seen as a natural partner following France's split with Germany on a similar project.
VW, Fraunhofer-Institute und TU Braunschweig bündeln in der Open Hybrid Labfactory ihre Kräfte zur Verbesserung der Kreislaufwirtschaft. Ziel ist es, Recyclingquoten zu erhöhen und Abhängigkeiten von Rohstoffen zu reduzieren, um wettbewerbsfähig zu bleiben und Umweltziele zu erreichen.
A major conference in Changchun unveiled "Top 10 Fundamental Science Questions in Atomic-Level Manufacturing," aiming to guide China's technological development and strategic planning in this advanced field. The questions cover areas crucial for high-end manufacturing, including chip production and material science.
湘潭大学华锐先进制造研究院于6月13日在湖南株洲成立，旨在聚焦智能刀具设计、数字孪生工艺等前沿方向，攻克精密制造领域关键核心技术难题。该研究院由湘潭大学与株洲华锐精密工具股份有限公司联合组建，将打通高校基础研究与企业产业应用的壁垒，推动科研成果落地转化。
China's foreign trade shows robust growth in AI and advanced manufacturing, with the Greater Bay Area's robotics sector and central China's high-tech exports leading the charge. Beijing-Tianjin-Hebei region also hit record highs in May.
India's new Free Trade Agreements (FTAs) are poised to boost manufacturing, private investment, and supply-chain integration, with Electronics, Pharmaceuticals, and Engineering & Machinery Goods set to benefit most. Yes Securities believes these FTAs, combined with PLI schemes and 'China+1' strategies, offer India its best chance to reach $1 trillion in merchandise exports by 2030, though domestic competitiveness remains a challenge.
India's new Free Trade Agreements (FTAs) are seen as a catalyst for manufacturing expansion and supply-chain integration, potentially driving merchandise exports to $1 trillion by 2030, according to Yes Securities. While FTAs with countries like the UAE, Australia, and the EU offer market access, domestic competitiveness challenges remain.
