Automotive & Mobility Policy: India removed licensing requirements for automotive radar (77–81GHz) and connected-car spectrum (5.9GHz), a move aimed at speeding ADAS and V2X rollout and reducing hardware “market-specific” costs. Manufacturing Output Watch: Hungary’s automotive output rose 8.0% y/y in April, while computer/electronics/optics jumped 23%, keeping industrial output slightly higher overall. Defense & Aerospace Industrial Base: India’s indigenous defence manufacturing push got a boost in official remarks after Op Sindoor, while Air Marshal Dixit reviewed HAL’s LCA Tejas Mk1A progress amid engine and integration delays. Semiconductor Supply Chain Risk: Japan’s specialty gas makers warned of potential July production suspensions as tungsten hexafluoride prices surge on China export controls, threatening AI chipmaking inputs. Food & Pharma Quality Controls: Nestlé India said lab tests found no infestation in MAGGI-related allegations; Taiwan’s TFDA ordered a recall of 1.38M kidney-disease tablets over production testing deviations. Industrial Finance & Capital Markets: With IPO activity cooling in Nigeria, corporates are leaning into commercial papers for faster funding, reflecting a shift in how manufacturing-linked firms raise cash. Robotics IPO Sprint: An embodied AI listing rush is building across robot makers and component suppliers, with analysts expecting more than 30 robotics-related IPOs by 2026.