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Informist, Saturday, Jan. 31, 2026

 

--SBI Setty expects invest of INR 100 trillion in sunrise sectors over 5 yrs  

 

MUMBAI – State Bank of India Chairman C.S. Setty expects sunrise sectors such as renewable energy, semiconductors, and green hydrogen to attract investments of around INR 100 trillion over the next five years, underscoring the scale of capital required to drive India's next phase of economic growth.

 

Speaking at the launch of SBI's 'CHAKRA' Centre of Excellence for financing sunrise sectors, Setty said these emerging industries will form the backbone of India's future manufacturing and infrastructure expansion and will require structured financing solutions to support their growth.

 

Setty said the initiative is aimed at bringing data, research and global best practices into lending decisions while accelerating capital flow into sectors that will define India's economic future. The centre will initially focus on eight sunrise sectors--renewable energy, advanced cell chemistry and battery storage, electric mobility, green hydrogen, semiconductors, decarbonisation technologies, smart infrastructure, and data centre infrastructure. SBI said these sectors are expected to collectively drive investments of over INR 100 trillion by the end of the decade.

 

Setty said traditional lending frameworks are often inadequate to assess risks in emerging industries, making it essential for lenders to build specialised institutional capability. He added that collaboration with multilateral development institutions, global financial entities, and industry participants will be key to enabling large-scale capital formation in these sectors.

 

Financial Services Secretary M. Nagaraju, who inaugurated the centre, said the initiative would help create a coordinated ecosystem for knowledge-sharing, project appraisal and policy engagement, thereby supporting India's long-term development goals.

 

Setty said CHAKRA will also support sectoral research, policy dialogue and industry partnerships to improve financing access for innovation-driven enterprises and accelerate India's transition towards a technology-led and sustainable economy. On Friday, shares of SBI ended 1% higher at INR 1,077.15 on the National Stock Exchange.  End

 

Reported by Kabir Sharma

Edited by Tanima Banerjee

 

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