9 FINANCEOUTLOOKINDIANOVEMBER, 2025· CPP Investments' India portfolio reached ~US $22 billion by end June 2025, up from about USD 7­8 billion in 2020. · The fund intends to scale up invest-ment in India, citing the country as a "fast-growing dynamic economy" with opportunities across infrastructure, real estate and consumer segments.Key HighlightsPENSION GIANT CPPIB TO BOOST INDIA INVESTMENT AS ASSETS HIT $22BBy Finance Outlook India TeamAccording to its top executive, Canada's largest pension fund will increase its investments in India, where it has tripled assets under management to roughly $22 billion over the past five years.At a press conference in Mumbai on Wednesday, Canada Pension Plan Investment Board Chief Executive Officer John Graham stated that the Toronto-based fund would concentrate on "real assets such as energy, infrastructure and real estate, where there is opportunity to invest at scale." By the end of June, the company's net assets in India had increased from C$10 billion in 2020 to about C$30 billion ($22 billion).India's growth appealAccording to Graham, India's robust public markets and rapid economic growth are some of the "positive factors" that are currently working well for the nation. As investors look beyond China, global asset managers such as KKR & Co. and Blackstone Inc. are increasing their investments in India, indicating a significant reorganization of capital flows. According to data on its website, CPP Investments has approximately C$732 billion in net assets worldwide. According to Graham, the pension fund anticipates making global investments in data centers, energy production and transmission, and artificial intelligence.Current exits and investmentsThe pension fund increased its investment in the National Highways Infrastructure Trust in March, expanding its infrastructure holdings in India. Additionally, it established a joint venture with real estate developer RMZ Corp. for an office park project in 2024 and contributed funds to funds managed by Kedaara Capital and Accel Partners in India.According to the company, it left a real estate platform with Phoenix Mills Ltd. in July for 54.5 billion rupees.The weak US dollar significantly offset gains in stocks and energy assets, resulting in a 1% return for the CPPIB in the fiscal quarter that concluded on June 30. REPORT
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