AGP Executive Report
Last update: 9 hours agoM&A in Auto Supply Chains: Highway Roop Precision Technologies, backed by Carlyle, has bought Chamundi Die Cast to add aluminium die-casting plus precision machining for steering, transmission and powertrain parts, including EV components. Capacity Expansion in India: Hyundai Motor India is assessing a third plant as it plans to ramp output and exports, with candidate sites including Chhatrapati Sambhaji Nagar and Sanand and a potential $2B-plus investment over time. Solar Manufacturing Policy: India’s MNRE updated ALMM List-II, adding 1,397 MW of TOPCon cell capacity in September 2026, lifting total enlisted cell capacity to 36,864 MW. Trade & Tariffs Pressure: A WTO-linked analysis says global trade has stayed resilient despite shocks, but US-China tariff friction and China’s industrial overcapacity are reshaping where EU manufacturers feel the squeeze. US Pharma Tariff Backlash: Experts warn Trump’s 100% tariffs on certain patented drugs could hit small and mid-size makers hardest, raising risks of consolidation and higher prices. Energy-Saving Food Tech: Nomad Foods’ peer-reviewed research supports storing frozen foods at -15°C instead of -18°C, cutting energy use about 7%. Industrial Skills & Inclusion: Alabama opened a re-entry training center expanding welding and heavy machinery instruction for people on parole or probation. UK Export Finance: The UK launched a £5B export finance pilot via UKEF to back overseas buyers and boost UK manufacturing exports. Aerospace Milestone: Airbus’ A350F freighter prototype completed its maiden flight from Toulouse, moving closer to certification. Food Safety Crackdown: Odisha’s Puri authorities sealed five khaja units ahead of festive demand after adulteration concerns. Local Manufacturing Outreach: UK steel fencing maker Tornado Wire hosted 119 students at its Millom factory for National Manufacturing Day.
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.