AGP Executive Report
Last update: 11 hours agoIndustrial Policy & Trade: The EU’s “Made in Europe” push and an Industrial Accelerator Act aim to lift manufacturing’s share of EU GDP to 20% by 2035, while Britain warns it faces a “difficult trade-off” between China and EU markets as tariff threats loom. Manufacturing Performance: India’s industrial output rose in August, but wearing apparel kept sliding—down 7.4% year-on-year—while textiles grew, widening the gap between upstream and garment makers. Corporate Restructuring: UK bakery giant Greggs plans to shut four factories, risking about 740 jobs, as it targets £20m in annual savings by 2029. Supply Chain & Capacity: India’s appliance makers expect double-digit festive growth despite 5–8% price hikes, citing premiumisation and replacement demand. Pharma & Security: A Russian drone strike damaged an Indian-run pharma plant in Ukraine’s Sumy region, with reported losses near Rs 400 crore. Food Safety: A Clean Label Project investigation found heavy metals and toxic chemicals across most tested cat foods, including lead in 99% of products. Capital Markets: Nigeria’s push for a deeper capital market to fund its $1tn economy goal highlights the financing gap for manufacturing investment.
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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