AGP Executive Report
Last update: 6 hours agoManufacturing: India’s registered manufacturing sector grew strongly in FY25: plant and machinery value rose 7.25%, while sector GVA increased 9.28% and employment 7.57%. Auto & Industrial Space: Automakers and suppliers leased 5.4 million sq ft from 2024 to mid-2026, nearly 13% of industrial demand; Pune led with a 28% share. Energy Storage: The Cabinet approved ₹14,500 crore in viability funding for 92 GWh of new grid storage, backed by an estimated ₹97,600 crore investment and expected to support domestic battery manufacturing. Clean-Tech Manufacturing: Avaada Electro won approval for 7.117 GW of solar-cell capacity at its Maharashtra facility; NTPC Green Energy aims to expand renewable capacity to 60 GW by 2032. Defence Industry: India is targeting ₹3 lakh crore in defence production and ₹50,000 crore in exports by 2029, while Aditya Birla Group chairman Kumar Mangalam Birla identified manufacturing as a major investment focus for 2027.
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