AGP Executive Report
Last update: 8 hours agoSemiconductors & Policy: India cleared Semicon 2.0 with a ₹1.27 lakh crore push, aiming to scale chip design and manufacturing beyond early wins. Mobile Manufacturing: The government also advanced a ₹62,500 crore mobile phone scheme to boost domestic production and exports. Solar Industrialization: Alpex Solar is preparing to start commercial output at a 2.2 GW TOPCon cell plant in Mathura in Aug 2026, seeking ALMM approval and expanding toward ingot/wafer capacity. Critical Imports: India shortlisted 100 critical import items totaling $51B for domestic manufacturing, spanning textiles, EVs, solar and key components. Banknote Materials: The RBI invited bids for polymer banknote substrate with security features, a step toward plastic currency trials. Right to Repair: The FTC reached a Right to Repair agreement with John Deere, covering about 75% of U.S. farm equipment. Cyber Disruption: Fairlife temporarily suspended U.S. production after a ransomware incident impacted production systems. Textiles Investment: Huarun Tex will invest $30M in Bangladesh’s BEPZA zone to make yarn and woven fabric. Food Safety Oversight: Taiwan plans food safety law amendments after the Central Union Oil scandal, tightening inspections and testing.
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