January 27, 2025 11:29 AM

Investment announcements in India reach Rs 32.01 lakh crore in 9 months this fiscal

The total investment announcements stood at Rs 32.01 lakh crore in the nine months this fiscal (FY25), marking a 39 per cent increase from Rs 23 lakh crore in the same period last fiscal, reflecting a positive investment outlook, the government said on Sunday, citing a recent report by the State Bank of India (SBI). The private sector accounted for nearly 56 per cent (FY24) and nearly 70 per cent (nine month in FY25) of these announcements in the April-December 2024 period, signalling strong co...