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Economy 1 min read

SBI Launches CHAKRA Centre of Excellence for Sunrise Sectors

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The State Bank of India launched 'CHAKRA' (Centre of Excellence for Sunrise Sectors) on 31 January 2026 to build expertise in evaluating and financing emerging high-technology industries. SBI has identified eight sunrise sectors: renewable energy, electric mobility, green hydrogen, semiconductors, battery storage, decarbonisation, smart infrastructure and data centres, which together may need about ₹100 lakh crore of capital over five years. CHAKRA will serve as a knowledge and decision-support hub to turn complex technologies into bankable projects.