AGP Executive Report
Last update: 6 hours agoSemiconductors in India: PM Modi inaugurated CG Semi’s OSAT facility in Sanand, Gujarat, with plans to ramp output to 200 million chips a year and create thousands of jobs, reinforcing India’s push to build a full chip ecosystem. Automotive reshoring & expansion: Chery officially inaugurated its Rosslyn plant in South Africa, keeping existing staff and targeting major supply-chain job creation as it shifts from importer to local manufacturer. Trade rules for manufacturers: India notified origin-of-goods rules under the India-UK CETA, setting the framework for exporters to claim preferential tariffs from July 15. US tariff pressure on compliant suppliers: Malaysia’s FMM urged the USTR to avoid blanket Section 301 forced-labour tariffs that could hit compliant manufacturers and disrupt established supply chains. Industrial growth via policy & testing: Delhi’s EV policy 2.0 sets an April 2028 stop for new petrol two-wheeler registrations, aiming to speed an EV ecosystem with charging and grid readiness. Food & consumer safety: Maharashtra banned three Pakistani skin-lightening creams after tests found mercury and lead above safe limits, following reported kidney illness cases. Robotics exports: China reported strong robot export growth in Jan-May, with cleaning robots leading shipments to Europe and ASEAN.
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.