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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

India to raise USD10 bln sovereign wealth fund

Posted on 25 July 2011

India is looking to raise USD10 billion for a new sovereign wealth fund to secure overseas energy assets.
India is looking to raise USD10 billion for a new sovereign wealth fund to secure overseas energy assets. The move will be funded from the country’s foreign-exchange reserves and the scheme will aim to help state-run companies compete with competitors…………………………………………Full Article: Source


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