State Bank of India (SBI) launches CHAKRA to finance sunrise sectors with ₹100 trn investment potential over 5 years

Key facts

• State Bank of India (SBI) launched CHAKRA - Centre of Excellence (CoE) for financing sunrise sectors on 31 January 2026.
• CHAKRA targets eight sunrise sectors: renewable energy, advanced cell chemistry and battery storage, electric mobility, green hydrogen, semiconductors, decarbonisation, smart infrastructure and data centres.
• SBI Chairman CS Setty estimates the combined investment potential of these sectors at ₹100 lakh crore over the next five years.
• The estimated debt opportunity within this potential is ₹20–22 lakh crore.
• Over 20 domestic and global financial institutions, including Japanese lenders SMBC and MUFG, have joined CHAKRA.
• CHAKRA will collaborate with multilateral agencies such as the World Bank and AIIB for long-tenure capital of 15–30 years.
• The platform will explore consortium financing, co-lending, take-out financing, mezzanine debt, equity participation and viability gap funding.
• CHAKRA will produce sector reports, white papers, policy dialogues and industry roundtables to engage banks, NBFCs, DFIs, multilateral lenders, corporates, startups and policymakers.