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AGP Executive Report

Last update: 6 hours ago

Renewables & Grid Storage: Gujarat Urja Vikas Nigam’s 450 MW/900 MWh standalone BESS auction in Gujarat saw NLC India win 275 MW and Sun Drops Energia (KP Group) 175 MW, with a tight L1 tariff around INR 2.32 lakh/MW/month and 12-year BESPA; projects can get VGF support of INR 18 lakh/MWh. Rooftop Solar Push: PM Surya Ghar: Muft Bijli Yojana has crossed 5 million households, with rooftop installs accelerating to 16,000+ per day and 7.77 million applications since launch. EV Supply Chain: Octillion Power Systems opened its third EV battery plant in Halol, Gujarat, targeting 48,000 battery systems annually (3+ GWh) and lifting India output to 150,000+ systems/9 GWh. EV Charging Uptick: India has installed 67,657 EV chargers and 1,139 battery-swapping station chargers; 16.72 lakh EVs were sold under FAME-II as of June. Quick Commerce Crackdown: Zepto and Blinkit faced food-safety action—Zepto’s Bengaluru warehouse sealed and Blinkit’s Malad facility licence suspended. Urban Infrastructure: Delhi’s MPD 2047 was approved after delays, setting the next two decades for housing, transport and green spaces; Mumbai’s seven lakes rose to 89.49% live storage. AI & Startups: Cursor reportedly opened an India office amid a SpaceX acquisition deal; Wippi, Lane and Vecton AI raised seed rounds. Credit Watch: Fitch affirmed India’s BBB- rating with stable outlook, citing resilient growth but high debt and youth-job risks.

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.

AGP Wire

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3 hours ago

Juego Studios says game art outsourcing is becoming a production safety net

AGP

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Aug. 11, 2026

Industrial safety market seen reaching $10.11 billion by 2035

AGP

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Aug. 11, 2026

India road freight market seen nearly tripling by 2035

AGP

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Aug. 11, 2026

Uzbekistan bets on critical minerals to power industrialization

AGP


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India needs to double infra investments to Rs 40 lakh cr/year to achieve growth ambitions: NaBFID MD

India needs to double infra investments to Rs 40 lakh cr/year to achieve growth ambitions: NaBFID MD

India targets $1 trillion exports as overseas shipments rise 15 pc in first four months: Piyush Goyal

India targets $1 trillion exports as overseas shipments rise 15 pc in first four months: Piyush Goyal


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3 hours ago

Juego Studios Reports Game Art Outsourcing Shift From Cost Option to Production Safety Net

EIN Presswire

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6 hours ago

RedCloud Signs India MOUs to Deploy Its RAID and CORE Engines Targeting 11 Apparel Brands, 25,000+ SKUs and 1,250+ Buyer Points

GlobeNewswire, Inc.

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12 hours ago

Nitu Shukla, Former Miss India Universe USA, Honored as Best Model and Best Fashion Designer at Cannes Fashion Week

EIN Presswire

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12 hours ago

Bed Rentals in Gurgaon, Pune, Mumbai and Noida Gain Traction in 2026 as ₹18,000–₹40,000 Buy Costs Replaced by ₹292/Month Rentals On Platforms Like Rentomojo

GlobeNewswire, Inc.

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Aug. 11, 2026

Industrial Safety Market Poised for Sustained Expansion with 4.0% CAGR Until 2035

EIN Presswire

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18 hours ago

Facial Recognition Market Industry Forecast: From USD 7.92 Billion in 2025 to USD 31.49 Billion by 2035

EIN Presswire

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