From The Economic Times · ANI · · 1m
SBI Chief Predicts Sunrise Sectors Drive Global Investment
SBI's Setty identifies renewables, semiconductors and green tech as next global investment frontiers
In brief
SBI's Setty identifies renewables, semiconductors and green tech as next global investment frontiers SBI chairman says India's tech and skilled workforce can lead global investment in sunrise sectors by 2026 Originally reported by The Economic Times.
Next Wave of Investment
SBI chairman CS Setty says global investment will shift to sunrise sectors including renewables, semiconductors, battery storage, green hydrogen, robotics and biotechnology.
“The next wave of global investment is likely to be shaped by areas such as sunrise sectors including renewables, semiconductors, battery storage, green hydrogen, besides robotics, biotechnology and other frontline frontier technologies.”
India's Competitive Edge
India has skilled workforce, entrepreneurial drive and technological base to engage in emerging fields but needs to scale manufacturing and proprietary assets internationally.
“The country possesses the necessary skilled workforce, entrepreneurial drive, and technological base required to engage actively across these emerging fields.”
Financial Sector's Role
Banks must adjust operations to support high-tech segments as the economy shifts toward value-added manufacturing and green transition.
“The banking and financial system will need to evolve alongside it, providing the financial architecture that enables innovation, investment, and scale.”
Global Competitiveness Focus
SBI emphasizes converting growth into global leadership through sustainable industry positions rather than just headline expansion figures.
“The question is not simply how fast we grow, but how effectively we convert growth into global competitiveness and leadership.”
Conclave Details
The 13th SBI Banking & Economics Conclave runs September 23-24, 2026, gathering policymakers and industry leaders to shape economic development frameworks.
“The conclave is set to run from 23rd to 24th September 2026.”
The bottom line
SBI chairman says India's tech and skilled workforce can lead global investment in sunrise sectors by 2026
