AGP Executive Report
Last update: 2 hours agoDefence Modernisation: India approved in-principle military equipment worth $5.46bn, including anti-drone and electronic warfare systems, missiles, kamikaze drones, naval mines, shipborne drones and an air-force high-altitude unmanned platform. India-Japan Strategic Push: Delhi and Tokyo are deepening cooperation on economic security, energy resilience and technology, including a first joint defence co-development project tied to stealth communications. Clean Air Funding: Delhi cleared an ₹8,300-crore “Clean Air, Healthy Delhi” plan with World Bank support for 2026-33, targeting transport, road dust, construction waste, solid waste, industry and water pollution. EV Security Crackdown: India ordered Google and Apple to remove the BAT-BMS e-rickshaw battery-management apps after concerns about remote shutdown risks. Renewables for Industry: Tata Motors signed an 86 MW wind-solar hybrid PPA with Welspun Renewable Energy for green power to plants across four states. Trade & Food Exports: Varanasi biscuits began Oman exports under India-Oman CEPA, with an MoU for ~700 MT more to GCC markets. Rail & Manufacturing: MAHSR (Mumbai-Ahmedabad) is nearing completion, aiming for the first service in Aug 2027 and a scalable template for future high-speed corridors. Energy Markets: Coal imports fell 12.95% in April 2026, while coal production rose 14.9% in June, supporting lower import dependence. Urban Safety: Navi Mumbai announced a 37-hour APMC Sector 18 traffic closure from July 5 for crane operations. Housing Affordability: Knight Frank said MMR remains India’s least affordable housing market, with EMIs at ~69% of household income.
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