The share of the manufacturing sector in the total new investment projects announced surged to 73.2% for the three months to September this year, the highest since the period for which data is available (Q3FY11), according to CMIE, reports Saikat Neogi. While the value of new projects announced was Rs 5.2 lakh crore in Q2FY26, the manufacturing sector accounted for Rs 3.8 lakh crore.

Record high sectoral dominance

In absolute terms, the value of manufacturing projects peaked at Rs 8.3 lakh crore in Q4FY24, and it was also much higher than Q2FY26 in a few other quarters like Q3FY25 (Rs 5 lakh crore), Q4FY25 (Rs 6.5 lakh crore) and Q3FY23 (Rs 7.3 lakh crore).

Comparison with other key sectors

The share of the services sector (other than financial ) was close to 18% in Q2FY26, follo

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