AGP Executive Report
Last update: 7 hours agoTrade Protection: India extended anti-dumping duties on certain Chinese steel tubes and pipes until Jan. 27, 2027, with duty rates ranging from about $961 to $1,611 per tonne, alongside a separate five-year extension on normal butanol imports. Auto Production Watch: Turkey’s automotive output fell 6% in H1 2026 to 663,397 units; passenger cars dropped 16% while commercial vehicles rose, and exports declined 12% by volume. Semiconductor Supply Chain: TSMC will add three advanced packaging facilities in Chiayi Science Park Phase II, aiming to meet growing demand for high-performance computing chips; Phase I facilities began mass production in June. Advanced Manufacturing Investment: SLB OneSubsea won a contract to deliver a 94.6 km steel tube umbilical system for Indonesia’s Kutei North Hub, using its production lines to speed delivery for deepwater operations. Defense Industrial Base: India commissioned the indigenously built stealth frigate INS Mahendragiri, highlighting 75%+ indigenous content and a faster shipbuilding pipeline under Project 17A. Policy Shift in Defense: India is reportedly preparing to let private firms manufacture the DRDO-developed Astra Mk-2 missile, with an RFP expected and multiple industrial groups named. Local Electronics Manufacturing: India approved a Vivo-Dixon Technologies smartphone manufacturing JV, signaling another step in the country’s push to deepen electronics production and exports. Energy Storage: Pakistan’s energy minister said BESS is key to grid stability as rooftop solar reshapes demand patterns, supporting EV adoption and renewables integration. Textiles and Jobs: Bangladesh apparel faces renewed layoffs as factory closures and order slowdowns hit employment, while Nigeria reported a 45% jump in textile production, urging support via power, financing, and training.
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