17.01.2012 - Abu Dhabi fund to invest in India
The world’s largest sovereign wealth fund, Abu Dhabi Investment Authority (ADIA), with investible funds of more than $600 billion (Rs 30,60,000 crore), has decided to invest in India’s ambitious Delhi-Mumbai Industrial Corridor (DMIC) and other infrastructure projects. ADIA will set up either a wholly-owned subsidiary or a joint venture with Indian financial institutions such as IDFC or IL&FS for long-term investment in infrastructure...............................................Full Article: Source
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