Indian conglomerates such as Reliance, Adani, and Tata are gearing up for a monumental investment plan in the coming decade. The capital commitments are estimated to reach approximately USD 800 billion, three times more than what these major business groups have invested in the past ten years. This substantial leap signifies a focused effort towards growth and diversification in various sectors. A significant portion, around 40%, of this staggering investment will be channeled into emerging sectors including green hydrogen, electric vehicles, clean energy, aviation, semiconductors, and data centers. Leading conglomerates like Vedanta, JSW groups, Tata, Adani, and Reliance are spearheading this investment wave, collectively preparing to invest around USD 350 billion in these growth areas. Additionally, 40% of Indian conglomerates are expected to venture into new businesses, as stated by S&P Global Ratings credit analyst Neel Gopalakrishnan. On the other hand, companies like Birla, Mahindra, Hinduja, Hero, ITC, Bajaj, and Murugappa groups, known for their conservative strategies, will continue focusing on their established sectors. To support these ambitious growth plans, companies will need to strengthen their core operations amidst rising debt levels. S&P Global Ratings projects investments in existing businesses to range between USD 400 to 500 billion in the next decade, under the assumption of ongoing investment momentum. The emphasis on maintaining credit profiles and managing risks during this period of extensive investment is paramount, as any setbacks could have adverse effects on credit metrics.