SBI chief shines light on ‘sunrise sectors’ to watch
New Delhi - State Bank of India Chairman Challa Sreenivasulu Setty highlighted the importance of sunrise sectors in guiding future global investment flows during the 13th SBI Banking & Economics Conclave. These sectors encompass renewables, semiconductors, battery storage, green hydrogen, robotics, biotechnology, and other frontier technologies.
Setty emphasized that India has the necessary skilled workforce, entrepreneurial spirit, and technological foundation to actively participate in these emerging fields. However, converting domestic resources into commercial-scale manufacturing and global assets remains a key challenge. Financial institutions must adapt to support capital-intensive, high-technology sectors, fostering innovation, investment, and scale in the evolving economy.
The conclave, running from September 23rd to 24th 2026, brings together policymakers, regulators, industry leaders, and economists to discuss strategies for sustaining growth and enhancing enterprise competitiveness in the global arena.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.