According to the SBI report, the manufacturing sector leads in the number of projects, with 1,493 announcements totalling Rs 5.97 trillion in investments during FY25's first nine months. The power sector attracted the largest investment value, with 1,172 projects amounting to Rs 13.58 trillion.

The mining sector recorded 72 projects, with a total investment of Rs 566.28 billion, while the oil and gas sector saw 62 projects worth Rs 356.23 billion. These figures demonstrate the on-going efforts to stimulate economic activity and create a conducive environment for investments in critical sectors, thereby supporting sustained growth in the coming years, the report explained.

The report also pointed to a notable acceleration in investments, which saw a nearly four-fold increase from Rs 10 trillion in FY21 to Rs 37 trillion in FY23 and FY24.

Additionally, the report indicated a sharp rise in the private sector's share of investment announcements, growing from around 50 per cent in FY21 to 68 per cent in FY22 and FY23. This upward trend continued into the first nine months of FY25, with private players contributing to over 70 per cent of the total announced investments. The growth reflects the sustained momentum in investment activities across the country, the report concluded.

News source: ET Energy