NIIF, JBIC sign pact to enhance Japanese investments in India

NIIF, JBIC sign pact to enhance Japanese investments in India

Photo: Unspash

National Investment and Infrastructure Fund Limited (NIIF) on Thursday said it has signed a deal with Japan Bank for International Cooperation (JBIC) to promote Japanese investments in India by establishing a bilateral India-Japan Fund (IJF).

The partnership is aiming for an investment of around $500-700 million in the IJF, according to a report by VCCircle.

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