AGP Executive Report
Last update: 6 hours agoPharma: Drugmakers are seeking CDSCO clarity on batch-by-batch clearance for high-risk solvents, warning that uncertainty could disrupt supplies and medicine production. Construction: Tamil Nadu has approved a state corporation to execute government building projects worth over ₹200 crore, with plans spanning industrial hubs, tech parks and business parks. Steel: Tata Steel’s India second-quarter profit rose 20% year on year to ₹5,055 crore, on stronger production and domestic deliveries. Auto Manufacturing: Kia India is reportedly weighing a $1.5 billion investment to expand its Anantapur plant, potentially lifting annual capacity from 300,000 to 500,000 vehicles. Energy: The IEA estimates India’s clean-energy expansion could save $240 billion on coal and gas imports by 2030; the country’s first green-methanol bunkering hub at VOC Port is nearing completion. ADNOC has also agreed to supply Gujarat Energy with up to four million tonnes of LNG annually for 10 years from 2028. Agriculture: India has doubled its rice sales target to five million tonnes as concerns over a weaker harvest push prices higher.
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