AGP Executive Report
Last update: 7 hours agoSemiconductors & AI: Micron broke ground on a $9.3b HBM memory plant in western Japan, with output due around 2028, as Japan pushes deeper chipmaking for AI supply chains. India’s chip push: India inaugurated its third semiconductor plant in Sanand, moving from design to fabrication, packaging and testing to cut import dependence. Indo-Pacific security: Japan’s PM Sanae Takaichi met Modi on economic security, AI, semiconductors, energy and defence, with Tokyo seeking India as a stronger pillar in balancing China’s rise. West Asia ripple effects: Delhi rolled back work-from-home and staggered office timings after improved conditions and resumed oil flows through the Strait of Hormuz. Energy & climate: Indonesia urged stronger Asia-Pacific climate action at UNESCAP, while India’s Pachpadra refinery was touted as among the world’s most advanced for technology. Business & markets: Indian IT firms are set for muted Q1 growth as clients shift budgets toward AI and GCCs, and banks’ loan growth is outpacing deposits. Cybercrime: Dubai Crown Prince deepfake romance scams are costing victims thousands, highlighting the growing AI fraud threat.
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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