- SFG FRC 2027 | Program starts from 15th Dec. 2026 | Admissions open for Tranche-1 Entrance Test till 25th Oct. 2026 Click Here to know more →
- Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
- [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 21st October onwards Click Here to Read More →
- 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →
Canada’s biggest public pension fund CPPIB to step up investment in India
News:
- India’s $87 billion spending on infrastructure in financial year 2019
Important facts:
2. Canada’s biggest public pension scheme sees India as its main focus for investment in Asia.
3. Canada Pension Plan Investment Board (CPPIB), which manages Canada’s national pension fund, has invested nearly C$7 billion ($5.30 billion) in India.
4. CPPIB is looking for opportunities to invest in Indian infrastructure, power and real estate projects.
5. PM Modi plans to boost the economy and create more jobs by tripling public spending on infrastructure to ₹97 trillion ($87 billion) in the financial year .
6. CPPIB’s recent deals have been with private sector lender Kotak Mahindra Bank and real estate developer Phoenix Mills Ltd.
7. CPPIB currently owns shares in some leading fast moving consumer goods companies like ITC Ltd., Hindustan Unilever Ltd. and Britannia Industries Ltd.
8. The fund also expects more deals with logistics platform IndoSpace Core, its joint venture with Indian property developer IndoSpace.
