AGP Executive Report
Last update: 11 hours agoAuto Manufacturing: Hyundai opened its Pune plant with capacity of 170,000 vehicles a year, expandable to 320,000 by 2030, as part of a wider ₹1.47 lakh crore India investment plan. Emissions Rules: Draft BS7 standards would begin in April 2029, with tighter testing and limits phased in through 2035, giving automakers a two-and-a-half-year lead time. Trade & Exports: India says the first phase of its US trade pact is in legal drafting; September merchandise exports rose 23% to $44.4 billion, while the deficit narrowed year-on-year to $30.21 billion. The India–New Zealand FTA takes effect October 20, and Canada talks target a year-end deal. Industrial Policy: Delhi approved a 10-year plan focused on clean technology, advanced manufacturing and services, with ₹1,000 crore allocated to support industrial growth. Data Centres & Power: ECOBLOX and PowerIn Urja plan up to 300 MW of AI data-centre capacity, as power demand and grid constraints become bigger challenges for India’s digital expansion. Consumer Costs: Nestlé India reported a 36% profit rise but warned that food and commodity inflation remains a concern.
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