AGP Executive Report
Last update: 4 hours agoAuto Retail: India’s vehicle sales rose 25% from September to 3.17 million in October but fell 23.8% year over year against an unusually strong 2025. Electric vehicle sales hit a record 355,000. Food Safety: India’s food regulator accused PepsiCo of misleading consumers by marketing high-caffeine drinks as “energy drinks”; the allegations are part of a court filing. Manufacturing: Bernard Matthews has reversed plans to close its Derby factory after winning a major customer, safeguarding about 400 jobs, though up to 150 positions remain at risk. Retail Conditions: UK store footfall fell 4.7% year over year in October, its sharpest decline since April, as storms and household cost pressures kept shoppers away. Consumer Spending: A survey found 93% of pet owners maintained or increased spending on pet health in recent months. Separately, nearly half of UK shoppers planning or considering Black Friday purchases had delayed buying in hopes of discounts. Investment: Daksham Growth Ventures raised ₹125 crore for a fund targeting early-growth consumer businesses, including direct-to-consumer brands.
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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