Sovereign, pension funds may invest $50 bln in India

India is an attractive destination for global sovereign and pension funds as they are expected to invest up to $50 billion in infrastructure sector over the next five years, says a report by Ambit and The City of London Corporation. ‘With infrastructure asset supply becoming scarce in western markets, there is a significant opportunity to attract meaningful investments for India from these investors,’ Ambit Corporate Finance MD Rahul Mody said. While private sector has been participating in Indian infrastructure through PPP, its participation has slowed down. The paper noted key recommendations to revitalise the PPP framework to enable investors participate in the promising opportunity.