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Times of India20.4.2026BusinessIndia

India's T&D Sector to See Rs 9 Trillion Investment Through 2032

Motilal Oswal report positive on transmission and distribution growth despite FY26 project slowdown

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India's transmission and distribution sector is poised for steady growth with Rs 9 trillion investment through 2032, driven by renewable energy integration and data center expansion.
The Motilal Oswal report notes FY26 ordering slowed to 16 schemes from 45 in FY25 due to bandwidth constraints, but maintains positive outlook with strong domestic and export demand.

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India's transmission and distribution sector is poised for steady growth with Rs 9 trillion investment through 2032, driven by renewable energy integration and data center expansion. The Motilal Oswal report notes FY26 ordering slowed to 16 schemes from 45 in FY25 due to bandwidth constraints, but maintains positive outlook with strong domestic and export demand.

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