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New Investment Announcements Jump 39% to Over ₹32 Lakh Crore in 9M FY25.

Banking & Finance | Dated: 03 Feb 2025

According to the Economic Research Department (ERD) report of the State Bank of India (SBI), new investment announcements in India surged by 39% Year-on-Year (Y-o-Y) to over ₹32 lakh crore in the first nine months of FY 2024-25 (9MFY25), up from ₹23 lakh crore during the same period last year. This growth signifies the continued momentum in investment activities across the country.

🎯 Key Highlights:

  • - The report also highlighted that domestic investment announcements in India increased significantly by ₹37 lakh crore over the last two financial years (FY23 and FY24).

💡 Other Important Facts:

  • (i) The report noted that the government's share in new investment announcements declined to 31.33% in FY23, while the private sector's share increased to 68.67%.
  • (ii) However, in FY24, the government’s share rose to 40.43%, while the private sector’s share decreased to 59.57%.
  • (iii) The manufacturing sector recorded the highest number of investment announcements, with 1,493 projects worth ₹5,97,921 crore during 9MFY25.

📚 Test Your Knowledge:

Recently, as per the SBI Economic Research Department (ERD) report, new investment announcements in India surged by what percentage in the first nine months of FY25?

Correct Answer: 39%

🚀 Quick Recap:

About State Bank of India (SBI)

  • Chairman : Challa Sreenivasulu (C.S.) Setty
  • Headquarter : Mumbai