Global pension and sovereign wealth funds could invest around $25 billion a year in Indian infrastructure, according to investment bank Ambit Capital.
Funds appreciate the better regulatory framework, growth in India and commitment to the climate change requirement for the net-zero carbon policy, Rahul Mody, managing director and co-head of investment banking at Ambit, said in a Bloomberg Television interview on Friday.
“Domestic investors, institutional investors and high net worth individuals and family offices will continue to invest, but I would say a majority of these investments will come from global funds,” he added.
Mody cited investment infrastructure trusts, known