AGP Executive Report
Last update: 8 hours agoMed-Tech Manufacturing Push: India’s PM Modi says the domestic medical technology ecosystem is strengthening via more local manufacturing, lower import dependence, and schemes like PLI and Medical Device Parks—positioning India as a trusted global med-tech partner. EV Retail Momentum: India hit a record for monthly EV sales in July with 327,901 registrations (+66% YoY), with electric two-wheelers crossing 200,000 units and passenger EV registrations up 83% YoY. Payments Policy Watch: India’s Payments Council of India reiterates that UPI will remain free for consumers, while merchant charges are limited to payment providers/merchants—aimed at protecting everyday users. Retail Footprint Strategy: IOCL plans to use Project Sprint 2.0 to expand and modernize its retail network while boosting brand visibility and customer focus. China Innovation Benchmark: A Japan report ranks China #1 globally for R&D investment in 2024, underscoring the scale of Asia’s tech push. Nigeria–China Agri Tech: Nigeria seeks deeper China cooperation on water-saving agriculture, soil management and scientific research, citing China’s Yangling agri tech zone as a model.
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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