New Delhi,sep 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. Incremental Gross Fixed Capital Formation (GFCF) stood at Rs 11.1 lakh crore in FY26, with the actual level of GFCF at Rs 120.6 lakh crore, or 34.9 per cent of GDP.GFCF broadly refers to investment in fixed assets such as machinery, infrastructure, buildings and equipment that can support future production.The report also pointed to an improvement in private-sector investment compared with the pre-pandemic period. Average incremental investment by the consolidated private sector during FY23-FY25 stood at Rs 3.5 lakh crore, compared with Rs 3.3 lakh crore during the six-year period ended FY19.According to SBI, this suggests that private investment has picked up even as concerns have persisted over whether the private sector is spending enough to support the next phase of economic growth.
