AGP Executive Report
Last update: 11 hours agoAutomotive Manufacturing: Malaysia’s EPMB and China’s Hebei Shichang will invest RM100 million in a Selangor plant capable of making 200,000 Proton fuel tanks a year, with supply due to start in March 2027. Tata Motors and Stellantis also expanded their partnership: vehicles developed in India are slated for export to more than 50 markets. At the Paris show, automakers are unveiling up to 60 models as Chinese brands gain ground; an EU-China deal would cap Chinese hybrid imports at 350,000 a year. Factory Investment: TTM Technologies plans $400 million in added capacity across China and Malaysia to meet AI infrastructure demand. GlobalFoundries’ €1.1 billion Dresden expansion aims to lift annual output above one million wafers by 2028. Energy Supply Chains: India’s battery storage capacity could reach 302 GWh by FY2032, but imports currently meet about 89% of demand, leaving room for local production. Industrial Productivity: Indonesia aims to raise manufacturing output per worker 18.7% by 2029 through skills training aligned with industry needs.
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