Abu Dhabi Investment Authority unit to invest $1b in India's infra fund

Abu Dhabi Investment Authority unit to invest $1b in India's infra fund

A man walks beneath a on overhead rail track for the Lucknow Metro developed by Lucknow Metro Rail Corp. in the Hazratganj area of Lucknow, Uttar Pradesh, India, on Tuesday, February 14, 2017. Photographer: Prashanth Vishwanathan/Bloomberg

India’s National Investment and Infrastructure Fund (NIIF) on Monday said it signed a $1 billion investment deal with a unit of Abu Dhabi Investment Authority (ADIA) – one of the largest sovereign wealth funds in the world.

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