SBI unveils CHAKRA Centre for financing sunrise sectors | 03 Feb 2026

Why in News? 

The State Bank of India (SBI) has launched a dedicated Centre of Excellence (CoE) named ‘CHAKRA’ to support financing of sunrise sectors and marks a strategic push by the country’s largest lender to channel capital into next-generation industries.  

Key Points: 

• Aim: This initiative aims to catalyse capital expenditure of over ₹100 lakh crore by 2030 in critical future-ready industries. 
• Vision:It will support project appraisal, evidence-based policy engagement, white papers and industry roundtables to inform investors and policymakers. 
• Eight Focused "Sunrise" Sectors: The CoE specifically targets sectors essential for the Viksit Bharat 2047 vision:  
  • Green Energy: Renewable Energy, Green Hydrogen & Ammonia, and Decarbonisation. 
  • Technology & Infrastructure: Semiconductors, Data Centre Infrastructure, and Smart Infrastructure. 
  • Future Mobility: Electric Mobility (E-mobility) and Advanced Cell Chemistry (ACC)/Battery Storage. 
• Risk Management: Unlike a typical think tank, CHAKRA is a "hands-on execution platform" designed to build specific risk models for emerging technologies to avoid misaligned or premature investments. 
• Global Partnerships: SBI has signed MoUs with 21 domestic and global financial institutions, including Japanese banks MUFG and SMBC, to enable joint project appraisal and co-financing.