New Delhi, Jan 3 || In clear signs of a pick-up in investment intentions in the country, the momentum strengthened in the first nine months of FY26, with Rs 26.62 lakh crore worth of new investment announcements, significantly higher than Rs 23.88 lakh crore in the same period last year, according to a new report.
This is on the back of a very positive policy package of the government which has focussed on capex, lowering of income tax rates and GST 2.0.
Infrastructure-led sectors dominated investment intentions, with the top five sectors accounting for nearly 80 per cent of total announcements. Electricity (22.6 per cent), led by renewables, emerged as the largest contributor, according to the Bank of Baroda report.
Chemicals (21.8 per cent) and Metals (17.3 per cent) followed, highlighting strong capital goods and industrial investment.
According to the report, consumer-oriented sectors remained marginal, contributing less than 3 per cent of total investment intentions, indicating that the current capex cycle is still largely supply-side driven.