Crisil Forecasts 45–50% Growth In India’s Infra Investments Over Next Two Years

On April 21, 2026, Crisil Ratings released its infrastructure sector outlook, forecasting robust growth in India’s infrastructure investments. The report highlights how government policy, private sector participation, and demand-led expansion will sustain momentum even amid global challenges such as the West Asia crisis.

Growth Drivers

Renewable energy: Annual capacity additions projected at 50–55 GW, surpassing previous records.

Roads sector: Expected recovery in project awarding after recent slowdowns.

Real estate: Strong demand in housing and commercial projects.

Data centres and new-age infrastructure: Rising digital adoption driving investments.

Strategic Importance

Infrastructure accounts for nearly half of India’s total investments, making it a cornerstone of GDP growth. The surge aligns with India’s Viksit Bharat 2047 vision, aiming for developed economy status through sustained capital formation.

Risks And Challenges

Despite optimism, risks remain in terms of global oil price volatility, financing costs, and geopolitical tensions. Crisil notes that balance sheet strength and policy continuity will be critical to sustaining growth.

Key Highlights

•⁠  ⁠Infra investments to grow 45–50% over FY27–FY28

•⁠  ⁠Total investments projected at ₹23–24 lakh crore

•⁠  ⁠Renewables, roads, real estate, and data centres lead growth

•⁠  ⁠Strong policy push and domestic demand driving expansion

•⁠  ⁠Risks include global uncertainty and financing challenges

Sources: Business Standard, Edex Live, Fortune India, ET Infra, Lokmat