Domestic investments in India have crossed Rs 37 lakh crore in the last two fiscal years (2023-2024) as per the State Bank of India (SBI) report. The report said, Domestic Investment Announcements - Crossed Rs 37 lakh crore in last two years. This represents a significant jump from Rs 10 lakh crore as recorded in fiscal year 2021 which was driven by robust contributions from both the private and government sectors.
It highlighted that during the first nine months of the fiscal year 2025, investments over Rs 32 lakh crore were announced increasing from Rs 23 lakh crore during the same period in the previous year. This growth may maintain the progress in investment activities across the country.
The report added that this upward trend will continue in the first nine months of fiscal year 2025, with the private sector accounting for over 70 percent of the total announced investments. It said, In 9MFY25, investment of more than Rs 32 lakh crore announced as compared to Rs 23 lakh crore in the previous year.
In the report, a notable trend is observed which raises the shares of the private sector participating in investment announcements. From 50 percent in fiscal year 2021, the shares of the private sector climbed to approximately 68 percent in fiscal years 2022 and 2023.
Sector-wise, the report revealed that the manufacturing sector saw the highest number of projects at least 1,493 as per announcements amounting to Rs 5,97,921 crore in investments during 9MFY25. At least 1,172 power sector projects attracted the largest investment value worth Rs 13,58,783 crore. The mining sector recorded 72 projects with a total investment of Rs 56,628 crore, while the oil and gas sector got 62 projects worth Rs 35,623 crore.
These figures may reflect the ongoing efforts to grow economic activity which creates a favorable environment for investment in different sectors, forming the way for sustained growth in the coming years.
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