AGP Executive Report
Last update: 6 hours agoSemiconductors: TSMC plans another 3-nanometer fab in Taiwan as AI-chip demand strains existing capacity. Solar Supply Chains: China has proposed export restrictions on 12 solar-manufacturing technologies, including processes for TOPCon, HJT and perovskite cells. Capacity Expansion: TVS Srichakra will invest ₹49.2 crore to lift tyre output by 6–7% at plants in Tamil Nadu and Uttarakhand; added capacity is due from January 2027. North American Investment: M.C. Dean’s $412.5 million Virginia expansion is expected to create 1,950 jobs and add two manufacturing facilities. Hitachi Energy is also investing $479 million in a new London, Ontario, facility to expand transformer manufacturing. Factory Outlook: U.S. manufacturing output rose in September, though higher energy costs are weighing on the sector.
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