The new commitment lifts AustralianSuper’s total India investment to AU$3.3 billion, expanding exposure across infrastructure, listed equities and private markets.
NIIF, set up in 2015 to draw global money into core infrastructure, gives India long-term funding for large national projects; AustralianSuper has called its earlier NIIF stake one of its best-performing infrastructure bets.
Modi framed the investment as a vote of confidence in India’s growth and reform path, while urging broader India-Australia cooperation in skilling, energy transition, clean-tech manufacturing and infrastructure.
AustralianSuper backs India's future, but why is it also the biggest investor in a major Australian coal company?
With investments in both green infrastructure and coal, what is AustralianSuper's real climate change strategy?
AustralianSuper Boosts India Exposure to AU$3.3 Billion: Inside the AU$500 Million NIIF Investment and Its Impact
Overview
AustralianSuper has significantly expanded its presence in India by committing an additional AU$500 million to the National Investment and Infrastructure Fund (NIIF) in July 2026. This marks its second investment in the NIIF, reflecting continued confidence in India's economic landscape. The decision is driven by India's robust economic growth, a growing middle class, and proactive government measures that have made it easier for institutions to deploy capital. These fundamental strengths make India an attractive investment destination, and AustralianSuper anticipates further returns for its members through this renewed commitment.