AGP Executive Report
Last update: 6 hours agoSolar Manufacturing Push: Vikram Solar inaugurated its 6 GW solar PV module plant in Gangaikondan, Tirunelveli, aiming to add 800+ skilled jobs and expand Tamil Nadu’s clean-energy manufacturing base. Rare Earth Magnets: The Heavy Industries Ministry received 20 bids for a ₹7,280-crore scheme to build integrated sintered NdFeB magnet capacity, targeting a 6,000 MTPA ecosystem for domestic demand. EV Fleet Scaling: EMO Energy and e-Sprinto will deploy 8,000 electric scooters nationwide this fiscal year, using ZenPac liquid-cooled batteries and fleet monitoring for last-mile and quick-commerce uptime. Energy Transition Outlook: An ENCIS survey finds nearly 75% of energy professionals expect renewables to overtake coal by 2035, with grid integration and financing still the big hurdles. Hydropower Safety Alert: A tunnel collapse at a Uttarakhand hydropower project killed at least seven workers as rescue teams battle rising water and debris. Logistics Tech Milestone: India’s Logistics Data Bank crossed 10 crore EXIM container tracking, boosting end-to-end visibility across ports, ICDs and terminals. Trade & Inflation Watch: Wholesale inflation eased to 9.78% in July as fuel and power costs cooled, while exports/imports data kept trade deficit concerns in focus. Mumbai Infra Deadline: BMC set Dec 31 for completing the city’s first cable-stayed bridge over railway tracks near Mahalaxmi station. Aviation Expansion: Air India plans to add 100+ aircraft in 2027-28 alongside a $400 million retrofit programme.
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