India Inc announced fresh project proposals worth ₹14.5 trillion in the June quarter, with nuclear power and data centres driving nearly three-fourths of the total investments. Major nuclear projects such as the Maharashtra Nuclear Power Project and the Purnagadh nuclear power project in Ratnagiri each account for about ₹2 trillion of the investment, according to livemint.com.
The surge in investment announcements was largely concentrated in a few sectors, masking a broader slump in capital expenditure across other industries. Nuclear power attracted just over ₹6 trillion in investments, supported by large-scale proposals. Data centres also saw significant investment inflows, reflecting growing demand for digital infrastructure. This concentration highlights a strategic focus on energy and technology infrastructure within India Inc during the quarter.
The overall investment figure contrasts with a slowdown in capital expenditure in other sectors, underscoring an uneven recovery in India’s industrial landscape. The nuclear power projects, including the Maharashtra and Purnagadh initiatives, stand out as some of the largest individual proposals, signaling government and corporate commitment to expanding clean energy capacity. Meanwhile, data centre investments align with the country’s digital transformation goals and increasing cloud adoption.
The Maharashtra Nuclear Power Project and the Purnagadh nuclear power project, each valued at ₹2 trillion, represent the largest single investments announced this quarter. Nuclear power’s total investment of over ₹6 trillion and the prominence of data centre projects were detailed in the June quarter report published by livemint.com.