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Industrial Strategy
13 April 2026
Type
Written Ministerial Statement
Department
Department for Business and Trade
At a Glance
Issue Summary
The statement outlines measures and investments supporting the UK's advanced manufacturing sector as part of the Industrial Strategy.
Action Requested
The Government is providing over £700 million to support electrification, job creation, and supply chain strengthening in the Advanced Manufacturing sector. Specific actions include a £380 million DRIVE35 grant for battery gigafactory development, funding for R&D through the Battery Innovation Programme, expansion of the Made Smarter Adoption Programme, and additional investments in skills training.
Key Facts
- Over £700 million investment to support Advanced Manufacturing sector.
- £380 million DRIVE35 grant for battery gigafactory in Somerset.
- Up to 4,200 jobs supported by the project.
- Battery Innovation Programme: up to £22 million awarded.
- Made Smarter Adoption Programme expansion with £99 million over three years.
- Industrial Strategy engineering skills package of £182 million.
- British Business Bank deploying additional £4bn for Industrial Strategy Growth Capital.
- UK Export Finance backed over £6.6 billion in advanced manufacturing investment.
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Assessment & feedback
Summary accuracy