SBI Report: Domestic investment announcements crossed Rs 37 lakh crore in last two years, claims SBI report

New Delhi| There is a big increase in India’s domestic investment announcements. Its figure has crossed Rs 37 lakh crore in the last two financial years (FY23 and FY24). This has been said in a report of State Bank of India (SBI). There has been a significant jump in domestic investment schemes compared to Rs 10 lakh crore in FY21. Both the government and the private sector have contributed in this.

Announcement of investment of Rs 32 lakh crore in the first nine months of financial year 2025
The report reported that investments of more than Rs 32 lakh crore were announced during the first nine months of FY25, much higher than Rs 23 lakh crore in the same period last year. This increase indicates a pick-up in investment activities across the country. According to the report, private sector participation in investment announcements is increasing. Their share was around 50 per cent in FY21 which increased to around 68 per cent in FY22 and FY23.

Private sector share of more than 70% of total investment declarations
This trend continued in the first quarter of fiscal year 2025, the report said. The private sector accounted for more than 70 per cent of total declared investments. “Investments of over Rs 32 lakh crore were announced by the private sector in the first nine months of the current financial year as compared to Rs 23 lakh crore in the previous year”, it said

Maximum number of projects announced for manufacturing sector
The report shows that the manufacturing sector saw the highest number of projects. During the first nine months of FY25 there were 1,493 announcements of investments totaling Rs 5,97,921 crore. 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 total investment of Rs 56,628 crore. The oil and gas sector saw 62 projects worth Rs 35,623 crore. These figures reflect ongoing efforts to boost economic activity and create a favourable climate for investment in important sectors, paving the way for sustained growth in the coming years.