State Bank of India has launched CHAKRA, a Centre of Excellence for financing sunrise sectors that are seen as vital to India’s economic development. The platform is designed to support capital-intensive, technology-driven and sustainability-focused sectors through better knowledge sharing, project appraisal, risk assessment and innovative financing structures.
Purpose of CHAKRA
CHAKRA stands for a knowledge-led ecosystem platform that will help improve financing for emerging sectors. It aims to strengthen SBI’s ability to assess complex projects and align funding with changing business models and policy priorities. The centre is also intended to support evidence-based policy engagement and capacity building.
Eight Focus Sectors
The Centre will focus on eight sunrise sectors:
- Renewable Energy
- Advanced Cell Chemistry and Battery Storage
- Electric Mobility
- Green Hydrogen
- Semiconductors
- Decarbonisation
- Smart Infrastructure
- Data Centre Infrastructure
These sectors are expected to drive India’s future industrial growth, technology adoption and sustainability transition.
Investment and Economic Significance
By 2030, these eight sectors are projected to require capital investment of over ₹100 lakh crore. SBI has positioned CHAKRA to help mobilise this funding by creating specialised financing solutions and improving capital flow into high-potential areas. The initiative also supports India’s push towards advanced manufacturing and global value chain integration.
Partnership and Ecosystem Support
CHAKRA will engage with development finance institutions, multilateral agencies, banks, NBFCs, industry bodies, corporates, start-ups, academia and policy think-tanks. The centre is expected to build institutional capability, encourage innovation-led enterprises and strengthen SBI’s role in climate finance and new-age technologies.
Last Modified: April 27, 2026