AGP Executive Report
Last update: 6 hours agoClean-energy finance: Crux’s mid-year report says clean energy and manufacturing capital is back on a growth cycle, with tax-credit transfers and preferred equity accelerating after policy shifts. Renewables for industry: Rhetan TMT started generating power from a 1 MW captive solar plant in Gujarat, while Best Power Equipments points to a widening storage gap as India pushes renewables integration. EV manufacturing scale-up: Euler Motors expanded its Palwal facility with INR 100 crore investment, adding four-wheeler assembly plus battery pack manufacturing and testing for India’s electric commercial mobility. Wind execution policy: IWTMA urges state-level policy harmony to scale India’s wind additions toward 10 GW annually, focusing on transmission, land, approvals, and power-sale readiness. Semiconductor materials demand: Fujifilm is ramping post-CMP cleaner output in Japan to triple capacity as AI-driven data center growth tightens chip supply chains. Trade and market signals: HSBC’s flash PMI shows India’s services improving while manufacturing growth slows to a five-year low. Industrial expansion abroad: ReAgent opened its first US chemical blending site in North Carolina with a $6m investment and 30 jobs. Automotive partnerships: Multinationals renewed long-term China JV ties, signaling sustained confidence and a shift toward joint innovation.
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