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India’s New Delhi, January 23: According to a research by the State Bank of India (SBI), domestic investment announcements in India have increased dramatically, surpassing Rs 37 lakh crore in the previous two fiscal years (FY23 and FY24).

Thanks to strong contributions from the public and private sectors, this marks a notable increase over the Rs 10 lakh crore achieved in FY21.

The headline read “Domestic Investment Announcements – Crossed Rs 37 lakh crore in last two years” .

According to the research, investments of more than Rs 32 lakh crore were announced in the first nine months of FY25 (9MFY25), up from Rs 23 lakh crore in the same time the year before. This expansion demonstrates the ongoing vigor of investment activity nationwide.

The growing percentage of private sector involvement in investment announcements is one noteworthy trend noted in the study. The private sector’s contribution increased from around 50% in FY21 to over 68% in FY22 and FY23.

According to the research, private entities accounted for more than 70% of all announced investments in 9MFY25, continuing the rising trend.

It said that “In 9MFY25, investment of more than Rs 32 lakh crore announced as compared to Rs 23 lakh crore previous year” .

With 1,493 announcements totaling Rs 5,97,921 crore in investments during 9MFY25, the manufacturing sector had the most projects overall, according to the study. The biggest amount of investment was made in the electricity industry, with 1,172 projects totaling Rs 13,58,783 crore.

72 projects totaling Rs 56,628 crore were registered in the mining industry, whilst 62 projects totaling Rs 35,623 crore were recorded in the oil and gas sector.

These numbers demonstrate the continuous efforts to increase economic activity and foster an atmosphere that is conducive to investment in vital industries, opening the door for long-term development in the years to come.