Private investment now picking up, India being viewed a place to build capacity: DEA Secretary

Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓DEA Secretary Anuradha Thakur said on September 4 that private investment is finally picking up in India.
- ✓"Private firms are committing to new projects led by power, data centre, and metals," she said.
- ✓Banks are lending more to firms, and projects reached a record Rs 4.4 lakh crore in FY26.
Story at a Glance
- Category
- BUSINESS
- Reported By
- MoneyControl
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
We have seen with dismay that private investment is not picking up in the last couple of years, but now the results are beginning to show, Anuradha Thakur, Secretary, Department of Economic Affairs (DEA) said on September 4. "Private firms are committing to new projects led by power, data centre, and metals. And banks are lending more to industry, to large and medium firms, as well as to micro and small enterprises," the DEA Secretary said in her address at the Kautilya Economic Conclave 2026.
The September RBI Bulletin said that India's resilient domestic fundamentals continue to provide a strong foundation for private capital expenditure. In FY26, the aggregate cost of projects (of private sector) sanctioned by the banks and financial institutions reached a record Rs 4.4 lakh crore, reflecting sustained confidence among corporates, the Bulletin said.
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