New Delhi [India]: Domestic investment announcements in India have experienced an impressive rise, surpassing Rs 37 lakh crore over the past two fiscal years (FY23 and FY24), according to a report from the State Bank of India (SBI). This marks a sharp increase from the Rs 10 lakh crore recorded in FY21, driven by strong contributions from both the government and the private sector.
The report stated, “Domestic Investment Announcements – Crossed Rs 37 lakh crore in last two years.”
It further highlighted that during the first nine months of FY25 (9MFY25), investment announcements exceeded Rs 32 lakh crore, reflecting a notable rise from Rs 23 lakh crore during the same period last year. This upward trend showcases the sustained momentum in investment activities across the nation.
A key observation in the report was the growing share of the private sector in investment announcements. From around 50 percent in FY21, the private sector’s contribution increased to approximately 68 percent in FY22 and FY23. This upward trajectory continued in 9MFY25, with private sector participants accounting for more than 70 percent of the total investment announcements.
The report added, “In 9MFY25, investment of more than Rs 32 lakh crore announced as compared to Rs 23 lakh crore previous year.”
Sector-wise, the manufacturing industry recorded the highest number of projects, with 1,493 announcements totaling Rs 5,97,921 crore in investments during 9MFY25. The power sector attracted the highest investment value, with 1,172 projects amounting to Rs 13,58,783 crore.
The mining sector saw 72 projects with a combined investment of Rs 56,628 crore, while the oil and gas sector accounted for 62 projects worth Rs 35,623 crore.
These figures reflect ongoing efforts to boost economic activity and create a favorable environment for investment in vital sectors, positioning India for sustained growth in the coming years.