The National Investment and Infrastructure Fund (NIIF) and Roadis, a private investor and operator of transport infrastructure worldwide and have jointly set up a platform to invest 2 billion dollars in road projects in India.
NIIF is India’s first sovereign wealth fund that was set up by the Government of India in 2015.
The objective behind creating this fund was to maximize economic impact mainly through infrastructure investment in commercially viable projects, both Greenfield and Brownfield.
Capital for NIIF is raised from both domestic and international institutional investors.