AGP Executive Report
Last update: 10 hours agoBus Fleet Investment: Volvo Buses India won its largest domestic order: 200 coaches for Maharashtra’s state operator, including sleeper buses for intercity routes. GreenCell Mobility also raised ₹330 crore to expand its electric-bus fleet. Rail Expansion: CrossCountry plans to add eight Voyager trains, creating nearly 60,000 extra seats a week, while Saudi Arabia’s SAR ordered more Stadler trains to expand its intercity fleet. Freight Innovation: Autonomous battery-electric rail developer Parallel Systems secured $100 million for commercial expansion. Transit Technology: Aurionpro will supply contactless fare-payment devices to Finland’s Matkahuolto, marking its entry into Europe. Trade Corridors: China’s newly opened Pinglu Canal links southwest China’s river network to the coast, while Xinjiang launched a one-stop insurance service to help cross-border trucking firms manage overseas accidents and claims. Industry Outlook: Singapore’s wholesale, retail, transportation and storage sectors grew 8% year over year in the third quarter, according to advance estimates.
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