India Inc investment announcements jump to Rs 84.7 lakh crore in FY26; renewables, data centres gain share: SBI
New Delhi, Sept. 8 -- Investment announcements by India Inc rose sharply to around Rs 84.7 lakh crore in FY26, with a growing share of proposed investments moving towards sectors such as renewable energy and data centres, according to the latest SBI Ecowrap report.
The report said the changing composition of investment also points to a shift in the country's growth pattern, as capital spending increasingly moves towards newer sectors of the economy.
"The needle of investments, looking at sectoral figures, has largely moved to New Age economy, renewables to Data Centers (~31% of total), necessitating reinterpretation of traditional Growth model," the report stated.
SBI also said overall investment in the economy has been improving. Incr...
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