Private And Govt Investment Plans In Jan-March Hit A Record Rs 18.9L cr

Looking at the projects announced by the Central government, 91 per cent of the projects are in five sectors - renewable electricity, road transport, refinery, conventional electricity, and shipping, costing Rs. 6.8 lakh crore

There has been a significant jump in the number of investment projects announced in the January-March quarter of FY25, at Rs .18.9 lakh crore, compared to Rs 19.4 lakh crore worth of projects announced in the first three quarters combined (April-December) of the financial year, according to a Bank of Baroda report.

These project announcements were made by private companies as well as the Central and state governments, and add up to a total investment of Rs. 38.3 lakh crore for the full financial year 2024-25. The report has analysed a sample of companies, as per their ownership type, industries, and location of their projects.

The sample covers projects worth Rs. 36.3 lakh crore (95 per cent of the total), of which government projects (Centre, states, local bodies and joint ventures) account for Rs. 11.1 lakh crore.

Amongst the private companies, foreign companies announced projects worth Rs. 2.6 lakh crore and domestic companies worth Rs. 22.6 lakh crore. Government-wise split shows that the Central government has done the heavy-lifting by announcing projects worth Rs. 7.4 lakh crore (67 per cent of the government's total), while state governments and local bodies account for Rs. 3.7 lakh crore (33 per cent).