WHO WE ARE

National Investment and Infrastructure Fund (NIIF) is an institutional fund manager, anchored by a significant minority stake from the Government of India (GoI) in collaboration with leading global and domestic institutional investors. NIIF currently manages USD 4 billion of capital commitments through three separate funds.

Our funds have investment mandates to invest in infrastructure assets and related businesses that are likely to benefit from the long-term growth trajectory of the Indian economy. Our investment objective is to generate attractive long-term risk-adjusted returns for our investors on a sustainable basis.

OUR TEAM

Prakash Rao
Executive Director

Vinod Giri
Senior Principal, Investments

Saloni Jhaveri
Principal, Chief of Staff

Karthikeyan M
Vice President, Investments

Nitin Singh
Vice President, Investments

OPPORTUNITIES IN INDIAN INFRASTRUCTURE

India is one of the largest economies in the world with a projected GDP growth of 7.8% in 2018-19. It’s overall economic growth is governed by the development of the infrastructure sector.

Airports

The International Air Transport Association (IATA) estimates the number of air passengers to grow at a CAGR of 3.7%. As per the Department of Industrial Policy and Promotion (DIPP), FDI inflows between April 2000 and March 2017 stood at USD 1.01 billion. The Airports Authority of India plans to increase its capital expenditure for 2017-18 to USD 0.37 billion.

Railways

In March 2017, the Indian Railway exhibited a healthy 8.7% growth and the revenues from freight traffic improved by 4.1%. In the 2017-18 Union Budget, the railway expenditure allocation increased by 8% to USD 19.58 billion for the placement of 3,500 km of lines. Over the next five years, the Government intends to invest USD 137 billion in the rail network.

Roadways

The Road Transport and Highways Ministry invested USD 47.7 billion in 2016 as the road construction capacity is 22 km/day. The National Highways Authority of India plans to build 50,000 km of roads worth USD 250 billion by 2022 doubling the length of the network to 200,000 km. Of the 2017-18 budget, the allocation to the NHAI increased by 24% to support significant expansion plans.

Waterways

The waterways roughly cover 14,500 km with 12 ports and 200 non-notified, non-major ports along coastlines and islands. Roughly 95% of India’s trade is maritime. Indian port traffic is forecasted to amount to 943.06 MT for India’s major ports and 815.20 MT for its minor ports by the end of 2017.

OUR NEWS

NIIF and Abu Dhabi Investment Authority finalise investment agreement worth US$1 billion

The National Investment and Infrastructure Fund (NIIF) of India is pleased to announce the signing of an investment agreement worth US$1 billion with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA).
As part of the comprehensive partnership agreement, ADIA will become the first institutional investor in NIIF’s Master Fund and a shareholder in National Investment and Infrastructure Limited, the NIIF’s investment management company.