AGP Executive Report
Last update: 4 hours agoMobility & Fuel Mix: PM Modi’s call to cut petrol and diesel use is pushing a technology-neutral shift, with automakers backing a mix of EVs, hybrids, flex-fuel, natural gas and biogas rather than one “silver bullet.” Defence & High-Tech Ties: India and Armenia signed an MoU for joint R&D and joint production in defence and innovation after high-level defence talks. Rail Infrastructure: Jodhpur’s first maintenance depot for Vande Bharat sleeper trains is nearing completion, with more depots planned nationwide. Aerospace Manufacturing: Lohia Aerospace and Massivit will bring large-format composite 3D printing tooling to India; FACC’s second Airbus work package signals continued composites growth. Energy & Industry: CERC eased rules for delayed renewable projects to extend grid access; Venus Pipes commissioned an extra 6.1 MW solar unit; Highway Infrastructure won an ₹80.17 cr NHAI toll-collection order in Tamil Nadu. Trade & Policy: India sought WTO consultations with the US over a quartz tariff-rate quota. Economy Watch: ICRA pegged GDP growth at a four-quarter low of 7% for Apr-Jun, citing softer services sentiment. Markets & Consumer Tech: Smartphone sales fell 10% YoY in Q2, but premium segments grew on financing offers. Security: India leased additional MQ-9B Sea Guardian drones to boost maritime surveillance.
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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