S&P Global Ratings reported that India's major business groups are projected to increase their investment by nearly threefold in the next decade, with an estimated $800 billion to be spent on growth. A significant portion, around 40%, of this investment will be directed towards emerging sectors such as green hydrogen, clean energy, aviation, semiconductors, EVs, and data centers. Leading conglomerates like Vedanta, Tata, Adani, Reliance, and JSW are gearing up to inject $350 billion into these sectors. On the other hand, groups like Birla, Mahindra, ITC, and others are expected to maintain a focus on steady growth in their existing ventures, with plans to invest $400-500 billion. While there are vast growth prospects, risks loom large due to potential execution challenges and heavy reliance on unproven technologies like green hydrogen. S&P cautioned that as debt levels rise, firms must fortify their core operations to sustain credit standings, as any setbacks during the investment phase could impact credit metrics negatively.