AGP Executive Report
Last update: 9 hours agoSemiconductors: ASML reported record third-quarter sales and profit, but warned planned capacity may not meet customer demand in 2027 and 2028. Global spending on 300mm chip-fab equipment is forecast to reach $227 billion by 2029. India’s Manufacturing Push: Hyundai plans to invest $15.5 billion in India by 2032, while Adani Enterprises and Jabil have proposed a 50:50 venture to make AI and data-centre hardware. The non-binding deal still needs final agreements and approvals. Defence Production: Canada’s Dominion Dynamics and Ukraine’s TENCORE plan to manufacture unmanned ground vehicles in Canada, targeting initial production in 2027. Energy and Materials: India’s operational solar-cell capacity is nearing 50 GW. Battery recycler N.A.N. Silox GreenMet is moving ahead with a ₹1,400 crore facility and plans to expand into battery-material production. Costs: India’s wholesale inflation rose to 11.39% in September, with manufactured-product inflation hitting a series high of 9.76%.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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