According to a report by the State Bank of India (SBI), domestic investment announcements in India have increased dramatically, surpassing Rs 37 lakh crore in the last two fiscal years (FY23 and FY24).
Due to strong contributions from the public and private sectors, this marks a notable increase over the Rs 10 lakh crore recorded in FY21.
It said "Domestic Investment Announcements - Crossed Rs 37 lakh crore in last two years".
According to the report, investments totaling more than Rs 32 lakh crore were announced in the first nine months of FY25 (9MFY25), up from Rs 23 lakh crore in the same period the year before. This expansion demonstrates the ongoing vigor of investment activity nationwide.
According to a report by the State Bank of India (SBI), domestic investment announcements in India have increased dramatically, surpassing Rs 37 lakh crore in the last two fiscal years (FY23 and FY24).
The growing percentage of private sector involvement in investment announcements is one noteworthy trend noted in the report. The private sector's share increased from about 50% in FY21 to roughly 68% in FY22 and FY23.
According to the report, private players accounted for more than 70% of all announced investments in 9MFY25, continuing the upward trend.
It stated that "In 9MFY25, investment of more than Rs 32 lakh crore announced as compared to Rs 23 lakh crore previous year".
With 1,493 announcements totaling Rs 5,97,921 crore in investments during 9MFY25, the manufacturing sector saw the most projects overall, according to the report. The largest amount of investment was made in the power sector, with 1,172 projects totaling Rs 13,58,783 crore.
72 projects totaling Rs 56,628 crore were recorded in the mining sector, whereas 62 projects totaling Rs 35,623 crore were recorded in the oil and gas sector.
In order to set the stage for long-term growth in the upcoming years, these numbers demonstrate the continuous efforts to increase economic activity and foster an atmosphere that is conducive to investment in vital industries.
