SBI chief highlights renewables, semiconductors and biotech as next investment frontiers

The 13th SBI Banking & Economics Conclave began with the bank's chief stating that sectors like renewables, semiconductors, battery storage, green hydrogen, robotics and biotechnology are poised to shape upcoming global capital flows. He highlighted India's ample skilled workforce, entrepreneurial drive and technological base as assets for participation in these frontier industries. However, he warned that converting these strengths into large-scale production, proprietary technologies and internationally recognized IP remains the key challenge.

The conclave, running for two days, brings together policymakers, regulators, corporate executives and economists to explore ways to sustain growth and boost India's competitive standing. SBI sees its role as a financial partner in financing infrastructure, innovation and the broader transformation of the productive economy. Participants are expected to generate practical recommendations for the nation's ongoing development agenda.