With the incoming European Parliament and Commission, it is time to deliver a coherent policy vision for industry. Our decision makers at EU level need to demonstrate clarity and singlemindedness on competitiveness and growth to support European manufacturing industry. We need to be at the forefront in new technologies, providing solutions to challenges such as climate change, resource efficiency, healthcare for ageing populations and security. The long timescales and scale of investment required mean that EU institutions and industry will need to work very closely together to succeed.

This is the future of internationally competitive European industries.