AGP Executive Report
Last update: 9 hours agoIndia Electronics Push: Industry welcomed India’s Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS) as a policy continuity move to deepen domestic value addition and strengthen the component ecosystem. Consumer Protection: India’s Department of Consumer Affairs plans to investigate alleged defects in Oppo Reno 5 smartphones, with possible implications for refunds and compensation if a systemic issue is found. Solar Supply Chain: India targets adding ~30 GW of polysilicon capacity by 2030 to cut import dependence, while Websol is upgrading a PERC cell line to TOPCon (600 MW to 750 MW) and aiming to further reduce silver use. Renewables for Industry: Lloyds Metals and Energy approved group-captive procurement of 65.59 MW renewable power (wind + solar) via equity stakes in SPVs. Manufacturing Expansion (US): Roche/Genentech will invest US$750m to double injectable manufacturing capacity in Oregon, while Eli Lilly’s Lehigh County campus plan moves toward approval. Industrial Equipment & Jobs: Krones inaugurated a Rs315 crore bottling/packaging machinery plant in Karnataka, and Weldall Manufacturing completed a 52,800 sq ft expansion in Wisconsin. Policy for Scale: India’s wind makers urged state-level fixes to reach 10 GW annual additions, focusing on transmission, land, approvals, and power sale timelines.
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