NIIF’s Assets Cross Rs 300 Billion, GC Reviews Future Strategy
ECONOMY & POLICY

NIIF’s Assets Cross Rs 300 Billion, GC Reviews Future Strategy

Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, chaired the sixth meeting of the Governing Council (GC) of the National Investment and Infrastructure Fund Limited (NIIF) in New Delhi. The GC commended NIIF’s progress as a sovereign-linked asset manager and its partnerships with globally renowned investors such as Abu Dhabi Investment Authority (ADIA), Temasek, AustralianSuper, Ontario Teachers’ Pension Plan, CPPIB, AIIB, ADB, NDB, and JBIC.

The Council acknowledged NIIF’s role in mobilising long-term capital into India’s infrastructure and strategic sectors, aligning with national development priorities. NIIF’s Assets Under Management have surpassed Rs 300 billion (Rs 30,000 crore), catalysing additional capital of Rs 1.17 trillion (Rs 1,17,000 crore).

Updates were provided on the performance and strategic direction of NIIF’s four active funds:
  • Master Fund (infrastructure focus)
  • Private Markets Fund (fund of funds model)
  • India-Japan Fund (climate, sustainability, bilateral corridor)
  • Strategic Opportunities Fund (growth equity focus)
Both the Master Fund and Private Markets Fund are now fully committed. Notably, Master Fund investments have contributed to the development of greenfield infrastructure in ports, logistics, airports, and data centres.
The GC reviewed the progress of Private Markets Fund II, targeting a corpus of USD 1 billion. The new fund has already onboarded private investors and is expected to close its first round soon. Discussions were also shared about a proposed bilateral fund with the United States, with strategic guidance offered on timely launch and deployment.
The Council advised NIIF to enhance its global visibility, adopt a proactive approach to fund-raising, and diversify its investor base. Members expressed strong confidence in NIIF’s growing strategic role and recommended that GC meetings be held annually going forward.

The meeting was attended by Finance Secretary Shri Ajay Seth, DFS Secretary Shri M. Nagaraju, Ms. Anuradha Thakur (OSD, DEA), SBI Chairman Shri C.S. Setty, and Kotak Mahindra Bank Founder Shri Uday Kotak.

Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, chaired the sixth meeting of the Governing Council (GC) of the National Investment and Infrastructure Fund Limited (NIIF) in New Delhi. The GC commended NIIF’s progress as a sovereign-linked asset manager and its partnerships with globally renowned investors such as Abu Dhabi Investment Authority (ADIA), Temasek, AustralianSuper, Ontario Teachers’ Pension Plan, CPPIB, AIIB, ADB, NDB, and JBIC.The Council acknowledged NIIF’s role in mobilising long-term capital into India’s infrastructure and strategic sectors, aligning with national development priorities. NIIF’s Assets Under Management have surpassed Rs 300 billion (Rs 30,000 crore), catalysing additional capital of Rs 1.17 trillion (Rs 1,17,000 crore).Updates were provided on the performance and strategic direction of NIIF’s four active funds:Master Fund (infrastructure focus)Private Markets Fund (fund of funds model)India-Japan Fund (climate, sustainability, bilateral corridor)Strategic Opportunities Fund (growth equity focus)Both the Master Fund and Private Markets Fund are now fully committed. Notably, Master Fund investments have contributed to the development of greenfield infrastructure in ports, logistics, airports, and data centres.The GC reviewed the progress of Private Markets Fund II, targeting a corpus of USD 1 billion. The new fund has already onboarded private investors and is expected to close its first round soon. Discussions were also shared about a proposed bilateral fund with the United States, with strategic guidance offered on timely launch and deployment.The Council advised NIIF to enhance its global visibility, adopt a proactive approach to fund-raising, and diversify its investor base. Members expressed strong confidence in NIIF’s growing strategic role and recommended that GC meetings be held annually going forward.The meeting was attended by Finance Secretary Shri Ajay Seth, DFS Secretary Shri M. Nagaraju, Ms. Anuradha Thakur (OSD, DEA), SBI Chairman Shri C.S. Setty, and Kotak Mahindra Bank Founder Shri Uday Kotak.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->