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Last update: 10 hours ago

Semiconductor Capex: ASML lifted its 2026 outlook and beat Q2 profit expectations on strong AI-driven demand for logic and memory chipmaking tools, reinforcing the global buildout of advanced fabs. India Industrial Policy: India’s ISM 2.0 semiconductor plan is set to greenlight a ₹1.25L/cr push to help local firms supply parts into global manufacturing supply chains. EU/AI Manufacturing: Intel is expanding chip production in Europe, including a €5bn investment in Ireland, as AI servers and data-center demand keep pulling forward equipment orders. Battery Manufacturing: Kandi Technologies started production at its China battery swap equipment base in Lin’an, targeting faster rollout for heavy-duty truck battery-swap infrastructure. Energy Storage Deal: Avantus and Clean Power Alliance signed a PPA for a 200MW solar PV plus 800MWh BESS project in California, with a focus on domestic components. Industrial Safety: A scaffolding tower collapse in Putney High Street injured two people; the firm was fined after HSE found unsafe assembly and wind-load failures. Trade & Exports: Indonesia is seeking a preferential trade agreement with Morocco to expand exports into the Mediterranean and North Africa. Pharma Manufacturing: Sun Pharma won South Africa approval to manufacture and market a generic semaglutide injection, signaling continued scale-up of complex generics. Malaysia Investment Pipeline: Malaysia approved RM318.5bn in manufacturing projects (2023–Mar 2026), with 210,546 jobs created as projects moved into construction and operations.

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.

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Missile Coating Manufacturer Attalon Announces Big U.S. Expansion to Meet Surging Demand

Missile Coating Manufacturer Attalon Announces Big U.S. Expansion to Meet Surging Demand

Cabinet highlights: India clears Rs 2.19 lakh crore mega push across chips, corridors and mobile manufacturing

Cabinet highlights: India clears Rs 2.19 lakh crore mega push across chips, corridors and mobile manufacturing


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