India s quasi-sovereign
wealth fund, the National Investment and Infrastructure Fund
, and the Japan Bank for International Cooperation
launched on Wednesday a $600-million fund to invest. -October 04, 2023 at 01:31 am EDT
- MarketScreener
Get latest articles and stories on Latest News at LatestLY. The National Investment and Infrastructure Fund has entered into a collaboration with Japan Bank for International Cooperation (JBIC) to launch a USD 600 million India-Japan Fund. Latest News | NIIF Launches USD 600 Mn India-Japan Fund.
The National Investment and Infrastructure Fund (NIIF) has partnered with the Japan Bank for International Cooperation (JBIC) to launch a $600 million India-Japan Fund (IJF). The fund will focus on investing in environmental sustainability and low carbon emission strategies. The initiative aims to enhance Japanese investments into India and strengthen collaboration between the two countries in the area of climate and environment.
NIIF Limited (NIIFL) and JBIC IG (a subsidiary of JBIC) will support NIIFL in promoting Japanese investments in India and manage the $600 million fund.