AGP Executive Report
Last update: 10 hours agoNew Products: Reliance Consumer Products has entered ready-to-drink dairy with ₹20 Joyland flavoured milk in Tamil Nadu, its first step toward a wider rollout. Apple also launched its HomeView smart-home hub, HomePod mini 2 and updated Apple TV 4K in India. Consumer Demand: Mainland China smartphone shipments fell 12% in the third quarter to their lowest Q3 level since 2013, as high memory costs and cautious buyers held back upgrades. Luxury demand is also weak, weighing on LVMH’s sales. Food & Retail: PepsiCo India is expanding its zero-sugar drinks and millet snacks, while fashion retailer Libas plans more than 50 store openings in FY27. Food Safety: Philippine authorities seized ₱1.2 million worth of unregistered fabric softener at a Pampanga warehouse and arrested two men over its alleged storage and sale. Market Expansion: Kashmir trout producer Khyber Aquaculture won food-safety approval and plans to launch packaged fresh, chilled and frozen products. Autos: Hyundai opened its Pune plant and pledged $15.5 billion in India investment through 2032, expanding production and exports.
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