Govt Allocates INR 30,000 Crore to NIIF For Infra Development
This additional allocation from the Government will equip National Investment and Infrastructure Fund Limited (NIIF) to raise larger funds, attract investors across geographies, and deepen its presence in key sectors of the economy.
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National Investment and Infrastructure Fund Limited (NIIF), India’s sovereign-anchored alternative asset manager, today welcomed the Government of India’s approval of an additional investment allocation of INR 30,000 crore to the NIIF platform.
This additional allocation from the Government will equip NIIF to raise larger funds, attract investors across geographies, and deepen its presence in key sectors of the economy.
The approval, based on a proposal by the Department of Economic Affairs, Ministry of Finance, takes the Government of India’s total allocation to NIIF to INR 60,000 crore, and will support NIIF’s continued growth.
The additional allocation will be deployed as Infrastructure Fund II, successor to India’s largest domestic infrastructure fund, with additional co-investments. The fund will focus on sector-specific platforms across transportation, energy, digital infrastructure, and emerging areas such as urban infrastructure and e-mobility. Fund raising has progressed substantially, with most existing investors expected to renew their commitments. New Bilateral and Successor Fund Strategies such additional fund strategies are expected to be actioned in the FY28–FY30 period.
Sanjiv Aggarwal, Managing Director & CEO of NIIF, said, “We are privileged to have the Government of India as our anchor shareholder and investor. We are grateful for this allocation of INR 30,000 crores, which is a strong reaffirmation of Government support to NIIF and reinforces the catalytic capital model that has defined NIIF since inception. Over the past decade, GoI’s anchor commitment has enabled us to build a very strong institutional investor base, spanning leading sovereign wealth funds, pension funds, multilateral and bilateral institutions, and domestic financial institutions. We have deployed capital across sectors of national importance and achieved significant exits across our strategies, delivering superior commercial returns. We look forward to raising our next vintage of funds and scaling our investment activity to support India’s growth story.”
NIIF was established in 2015 to utilize catalytic public capital to attract large-scale institutional investments into infrastructure and other nationally important sectors. Since its inception, NIIF has built a strong track record in raising and deploying capital, and has returned approximately INR 12,000 crore to investors, equivalent to around half of drawn capital, through landmark portfolio exits, demonstrating its ability to deliver superior commercial returns at scale.
National Investment and Infrastructure Fund Limited (NIIF), India’s sovereign-anchored alternative asset manager, today welcomed the Government of India’s approval of an additional investment allocation of INR 30,000 crore to the NIIF platform.
This additional allocation from the Government will equip NIIF to raise larger funds, attract investors across geographies, and deepen its presence in key sectors of the economy.
The approval, based on a proposal by the Department of Economic Affairs, Ministry of Finance, takes the Government of India’s total allocation to NIIF to INR 60,000 crore, and will support NIIF’s continued growth.
