New Delhi, May 22
There has been a steady increase in corporate investments during 2024-25, with core infrastructure industries playing a lead role in the growth, according to a report compiled by the Bank of Baroda’s economic research department.
The report, based on data from 1,393 companies across 122 industries, estimates that gross fixed assets, including capital work in progress, increased by 7.6 per cent to Rs 28.50 lakh crore in FY 25 compared with Rs 26.49 lakh crore for FY24.
Refineries accounted for the largest share of fixed assets at 31 per cent, followed by telecom services with 8.6 per cent, iron and steel products (5.9 per cent), cement (5.4 per cent), and power (4.8 per cent).
These five sectors constituted 56 per cent of the total fixed assets, the key contribution of core infrastructure industries to capital formation.
“Most of the leading sectors in terms of being those that drive investment in the country are in the infrastructure space and have registered impressive growth rates,” the report states.
The next five industries by share of fixed assets -- public sector banks, private sector banks, chemicals, industrial gases, and non-ferrous metals -- collectively accounted for another 14.5 per cent.