Caparo Group builds world's first T1 prototype
London: Lord Swraj Paul's Caparo Group has made the first of two Caparo T1 prototypes, the world's first sports car to surpass 1,000-BHP-per tonne.

The ultra-lightweight car can reach a speed of 100 miles per hour in just five seconds and can attain a maximum speed of 200 miles per hour.

The car has been created and designed by director Ben Scott-Geddes and engineering director Graham Halstead.

After the successful test run the Caparo group plans to roll out the first batch of cars, destined for customers next year.

Although the company occupied brand-new premises when it was formed earlier this year, it has already shifted to a new and bigger location to accommodate more staff and production facilities to help produce lightweight structural parts for the aerospace and automotive industries.

The company is on target to launch the first car in March next year. The highly exclusive 'T1' will be built at a rate of just two cars a month, redefining the aerospace and automotive industry definition of 'ultra-low volume production'.
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Global cell phone industry to slow down
London: Cellular phone sales growth globally will slow down in 2006 before falling further to single-digit percentage levels next year, as the saturation in developed markets is far greater than the growth in emerging markets, according to a research report.

London-based Informa Telecoms & Media has said mobile handset sales will rise to 943m units in 2006 from 814.4m last year, and crossing the 1-bn mark next year to reach 1.03bn. However this would be the last year of double-digit growth the report said.

According to the Informa report, handset sales growth year-on-year in '07 will slow to 9.2 per cent from 16 per cent the year before. For '06-11, it has forecast a compound annual growth rate of 7.5 per cent against the over 20 per cent growth seen in the preceding three years.
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