PM Modi welcomes ₹3,300 crore investment from Australian pension fund
During Prime Minister Narendra Modi's trip to Australia, the pension fund AustralianSuper revealed a plan to invest AU$500 million (approximately ₹3,313 crore) into India's National Investment and Infrastructure Fund (NIIF). PM Modi expressed his approval of the move, describing it as further proof of international faith in India's path of growth and reform. The investment was formally announced by Paul Schroder, the CEO of AustralianSuper.
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