Made in Europe' requirements for public procurement of, or subsidies for, making aluminium, cement and steel, and technologies including wind turbines or electric vehicles. Advt The IAA aims to ensure that by 2035 manufacturing represents 20% of the European Union's national output, from 14% today. Critics say the IAA will prompt trading partners to close their doors. Proponents point out that rivals such as the United States, China, Brazil and India already have rules on local content in place and that similar requirements could help fill the EU's massive investment gap. Event ET Electronics & Semicon Manufacturing Summit 2026 The ET Electronics and Semiconductors Manufacturing Summit 2026 is where the top voices of the industry will come together — not just to plan, but to drive concrete action for building India’s electronics and semiconductor future. Thu, 12 Mar 2026 Taj Yeshwantpur, Bengaluru Register Now Event ET DEFTECH Summit 2026 #DEFTECH, will be a high-level defence and technology conference that brings together the entire ecosystem, from policy leaders and defence ministry officials to the engineering and acquisition heads of the Indian Army, Navy, and Air Force, alongside defence PSUs, private sector giants, MSMEs, startups, and global OEMs. Wed, 18 Mar 2026 Hyatt Regency, New Delhi Register Now Event ET Aerospace & Defence Manufacturing Summit 2026 The Government of India has focused on investing in railway infrastructure by making investor-friendly policies. It has moved quickly to enable Foreign Direct Investment (FDI) in railways to improve infrastructure for freight and high-speed trains. At present, several domestic and foreign companies are also looking to invest in Indian rail projects. Thu, 04 Jun 2026 Bengaluru Register Now "We need to put out an alternative to the Trump agenda, who is very clearly going for a fossil economy," said Greens co-leader Bas Eickhout, citing the need for "massive transition" in clean technologies and energy-intensive industry. After the Commission proposes it, the European Parliament and EU governments will negotiate the final text - meaning further changes are likely. Advt Divided views on local content The Commission has delayed the proposal numerous times due to disagreements about its content, with changes made even as late as this week. Laurent Donceel, a director at industry association Hydrogen Europe, said Brussels had substantially scaled back its proposals. That included the share of low-carbon steel it would require companies to produce to qualify for subsidies - cut to 25% from an initial plan of around 70%. Advt "We are extremely disappointed that the demand that we were hoping for is far from being significant," he said. A key question for trading partners is how widely the EU will define "Made in Europe". France believes this could be limited to the EU27 and EU single market members Norway, Iceland and Liechtenstein. Some EU countries advocate a broader range of countries including Britain. Advt Drafts of the proposal have referred to the possible inclusion of the 21 largely developed countries with which the EU has commitments on public procurement, with reciprocity being a key condition. The drafts also included rules to screen foreign investments to ensure sufficient involvement of EU companies and technology transfer.
