AGP Executive Report
Last update: 3 hours agoIndia’s Mobile Manufacturing: The PLI scheme helped transform India from a major phone importer into a leading producer: output topped ₹5.5 lakh crore in 2024–25, while smartphone exports reached about $29.4 billion in FY26. Chip Supply Strain: Intel says an explosion at its Israeli plant and production bottlenecks will cost about $600 million in revenue over two quarters, as weaker PC demand compounds supply pressures. India’s Capacity Push: The government approved a ₹10,000 crore container-manufacturing scheme expected to create more than 53,000 jobs and expand domestic production. Factory Investment: Edwards Vacuum has completed its $319 million semiconductor supply-chain facility in New York, designed to produce 10,000 dry pumps a year. Energy Costs: UK manufacturers say the Budget failed to address high energy bills; beverage maker Refresco, meanwhile, is installing 21.5 MW of rooftop solar across four sites. Workforce: Blue Origin is expanding its paid space-manufacturing apprenticeship beyond Alabama, aiming to train more than 200 journey-level technicians annually by 2030.
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