📷 Image: Wikimedia Commons / Narendra Modi
Business
PM Modi Welcomes A$500 Million AustralianSuper Investment in NIIF
✍️ DD News
🗓 11 Oct 2026, 09:47 AM
👁 20
Prime Minister Narendra Modi welcomed AustralianSuper's A$500 million investment in the National Investment and Infrastructure Fund (NIIF), underscoring global confidence in India's growth prospects.
Prime Minister Narendra Modi announced the receipt of a A$500 million investment from AustralianSuper into the National Investment and Infrastructure Fund (NIIF) during a press briefing in New Delhi.
The infusion of foreign capital into NIIF is seen as a vote of confidence in India's infrastructure development plans and its growing market opportunities.
NIIF, established by the government to mobilise private investment for large‑scale infrastructure projects, aims to bridge the funding gap for sectors such as roads, power, and digital infrastructure.
In his remarks, Modi highlighted the importance of such partnerships in accelerating India’s economic growth and reaffirmed the country’s open‑economy stance.
The infusion of foreign capital into NIIF is seen as a vote of confidence in India's infrastructure development plans and its growing market opportunities.
NIIF, established by the government to mobilise private investment for large‑scale infrastructure projects, aims to bridge the funding gap for sectors such as roads, power, and digital infrastructure.
In his remarks, Modi highlighted the importance of such partnerships in accelerating India’s economic growth and reaffirmed the country’s open‑economy stance.