UK Awards Rs380 Mn To Tata's Agratas For Somerset Gigafactory
ECONOMY & POLICY

UK Awards Rs380 Mn To Tata's Agratas For Somerset Gigafactory

The UK government has awarded Rs380 mn in funding to Agratas Energy Storage Solutions Private Limited (Agratas), the battery arm of the Tata Group, to support a planned electric vehicle battery gigafactory in Somerset. The Advanced Propulsion Centre (APC) said the grant forms part of a broader Rs470 mn government package intended to bolster domestic manufacture of batteries and strengthen supply chains for zero emission transport. The funding allocation was announced as part of efforts to accelerate the transition to zero emission vehicles and attract industrial investment.

Agratas is developing what is expected to be Britain’s largest electric vehicle battery plant with an anticipated capacity of about 40 GWh and the site is intended to supply Jaguar Land Rover and potentially other carmakers. The APC said the plant will enhance the local supply chain and could support thousands of jobs in the region. The grant to Agratas was proposed last year by the Department for Business and Trade and has been channelled through collaboration and investment programmes.

The APC, which works with government and industry to support investment in zero emission vehicle and battery manufacturing, said remaining awards from the Rs470 mn package were allocated to winners across major research and development and investment initiatives. Ministers framed the funding as creating conditions for increased investment, economic growth, and employment across the country. Officials added that the Somerset project aligns with industrial strategy objectives to secure domestic capability in a sector seen as strategic for the automotive industry. The project continues to move through planning and development stages with further details on timelines and partners expected.

Company and government representatives provided the announcement to outline the strategic rationale and next steps for the site, including supply arrangements and potential expansions. The APC noted that the investment is intended to make the United Kingdom more competitive in a future market for zero emission vehicles. Stakeholders will monitor progress as construction and commissioning milestones are set.

The UK government has awarded Rs380 mn in funding to Agratas Energy Storage Solutions Private Limited (Agratas), the battery arm of the Tata Group, to support a planned electric vehicle battery gigafactory in Somerset. The Advanced Propulsion Centre (APC) said the grant forms part of a broader Rs470 mn government package intended to bolster domestic manufacture of batteries and strengthen supply chains for zero emission transport. The funding allocation was announced as part of efforts to accelerate the transition to zero emission vehicles and attract industrial investment. Agratas is developing what is expected to be Britain’s largest electric vehicle battery plant with an anticipated capacity of about 40 GWh and the site is intended to supply Jaguar Land Rover and potentially other carmakers. The APC said the plant will enhance the local supply chain and could support thousands of jobs in the region. The grant to Agratas was proposed last year by the Department for Business and Trade and has been channelled through collaboration and investment programmes. The APC, which works with government and industry to support investment in zero emission vehicle and battery manufacturing, said remaining awards from the Rs470 mn package were allocated to winners across major research and development and investment initiatives. Ministers framed the funding as creating conditions for increased investment, economic growth, and employment across the country. Officials added that the Somerset project aligns with industrial strategy objectives to secure domestic capability in a sector seen as strategic for the automotive industry. The project continues to move through planning and development stages with further details on timelines and partners expected. Company and government representatives provided the announcement to outline the strategic rationale and next steps for the site, including supply arrangements and potential expansions. The APC noted that the investment is intended to make the United Kingdom more competitive in a future market for zero emission vehicles. Stakeholders will monitor progress as construction and commissioning milestones are set.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code