AGP Executive Report
Last update: 8 hours agoSemicon 2.0 Push: The Union Cabinet approved the Semicon 2.0 programme with ₹1.27 lakh crore to build India’s semiconductor design, manufacturing and ATMP/OSAT ecosystem, with support across IP, fabs, equipment, materials and talent. India-EU Trade & Tech: At the 3rd India-EU Trade and Technology Council in Brussels, both sides mapped deeper cooperation in semiconductors, AI, EV tech, clean energy and resilient supply chains, while work on the India-EU FTA continues. India-UK CETA Starts Bites: The India-UK trade deal is now in force, cutting tariffs for 99% of goods by value; medical devices see phased duty cuts and the first jewellery export consignment to the UK was flagged off. Currency Watch: Kotak expects the RBI to act aggressively if USD/INR pressures the 98–100 zone, with short-term inflows and upcoming FCNR/ECBs seen as buffers. EV & Energy Infrastructure: Realme confirmed it will run future phones on ColorOS; separate reporting flags OnePlus restructuring and potential India exit by 2027. Power & Telecom Orders: ITI won a BSNL 4G expansion order worth ₹856 crore; Supreme Power Equipment bagged a ₹13.60 crore transformer order. Energy Transition: Railways will flag off India’s hydrogen fuel cell train on July 17, using onboard generation without overhead lines. Policy & Risk: India directed seafarers to avoid Strait of Hormuz routes after attacks, while Karnataka sought Centre help over rainfall deficit and water stress.
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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