{"id":85279,"date":"2026-02-01T14:38:13","date_gmt":"2026-02-01T09:08:13","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=85279"},"modified":"2026-02-01T16:41:05","modified_gmt":"2026-02-01T11:11:05","slug":"chakra-centre-of-excellence-coe","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/chakra-centre-of-excellence-coe\/","title":{"rendered":"\u2018CHAKRA\u2019 \u2013 Centre of Excellence (CoE)"},"content":{"rendered":"<h2><b>\u2018CHAKRA\u2019 \u2013 Centre of Excellence (CoE) Latest News<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">State Bank of India (SBI) recently announced the launch of \u2018CHAKRA\u2019 \u2013 Centre of Excellence (CoE) for financing sunrise sectors that are critical to India\u2019s economic development.<\/span><\/p>\n<h2><b>About \u2018CHAKRA\u2019 \u2013 Centre of Excellence (CoE)<\/b><\/h2>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It was launched by the <\/span><b>State Bank of India (SBI)<\/b><span style=\"font-weight: 400;\"> aimed at <\/span><b>financing sunrise sectors <\/b><span style=\"font-weight: 400;\">critical to India\u2019s economic transformation.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The Centre will function as a <\/span><b>knowledge-driven platform<\/b><span style=\"font-weight: 400;\"> to <\/span><b>facilitate funding for next-generation, technology-led and sustainability-focused industries.\u00a0<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">CHAKRA will focus on <\/span><b>eight sunrise sectors:<\/b>\n<ul>\n<li style=\"text-align: justify;\"><b>Renewables<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Data Centres<\/b><\/li>\n<li style=\"text-align: justify;\"><b>E-Mobility &amp; Charging Infra<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Advanced Cell Chemistry \/ Battery<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Semiconductors<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Green Hydrogen and Ammonia<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Decarbonization<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Smart Infrastructure.<\/b><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\"><b>By 2030<\/b><span style=\"font-weight: 400;\">, <\/span><b>these eight <\/b><span style=\"font-weight: 400;\">sunrise sectors are expected to <\/span><b>unlock cumulative capital expenditure of over INR 100 lakh crore.\u00a0<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The<\/span><b> CoE will work towards enabling this investment,<\/b><span style=\"font-weight: 400;\"> enhancing India\u2019s integration into the global value chain, and accelerating progress toward the country\u2019s sustainability and Net Zero goals.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Additionally, the CoE will <\/span><b>drive technology &amp; AI innovation <\/b><span style=\"font-weight: 400;\">and <\/span><b>play an advisory role, <\/b><span style=\"font-weight: 400;\">supporting not only the SBI\u2019s Project Finance &amp; Structuring team but also the broader financial ecosystem in India.\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It will <\/span><b>engage actively with external stakeholders &#8211; with policymakers and regulatory bodies, <\/b><span style=\"font-weight: 400;\">to shape a robust manufacturing ecosystem that supports investment, innovation, and sustainability.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The Centre will <\/span><b>facilitate structured engagement with development finance institutions, multilateral agencies, banks, NBFCs, <\/b><span style=\"font-weight: 400;\">industry bodies, corporates, start-ups, academia, and policy think tanks.<\/span><\/li>\n<\/ul>\n<p><b>Source: <\/b><a href=\"https:\/\/www.thehindu.com\/business\/sbi-unveils-chakra-centre-for-financing-sunrise-sectors\/article70574207.ece\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">TH<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018CHAKRA\u2019 \u2013 Centre of Excellence (CoE) was launched by the State Bank of India (SBI) aimed at financing sunrise sectors critical to India\u2019s economic transformation.<\/p>\n","protected":false},"author":23,"featured_media":85353,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[5078,21,22,23],"class_list":{"0":"post-85279","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-chakra-centre-of-excellence-coe","9":"tag-prelims-pointers","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/85279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=85279"}],"version-history":[{"count":4,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/85279\/revisions"}],"predecessor-version":[{"id":85354,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/85279\/revisions\/85354"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/85353"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=85279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=85279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=85279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}