Human Capital Development (HCD) and National Investment & Infrastructure Fund have embarked upon a commercial investment partnership to invest into high-growth future-ready sectors in India. To aid this partnership, an Investment Council (IC) comprising of Anil Chintapalli (HCD Managing Partner, IC Exec Chairman) oversees investments predicated on structures that provide (& protect) investors with the related engagement rights for governance, oversight, & optimum risk-adjusted returns. To achieve this, the IC engages with Padmanabh (Paddy) Sinha (NIIF Executive Director & Chief Investment Officer-Private Equity) and NIIF's senior executives & sovereign investors such as Temasek, ADIA, Government of India, U.S Government’s IDFC, CPPIB, Ontario Teachers, Australian Super, PSPIB.
Why India?
REASON 01
One of the world's fastest-growing economies
- India attracted the highest ever FDI inflow of $83.57 bn during financial year 2021-22
Source: Department of Promotion of Industry and Internal Trade, Govt. of India
- Hon'ble PM Shri Narendra Modi announced a special economic and comprehensive package of more than $270 bn - equivalent to 10% of India’s GDP, under the Atmanirbhar Bharat Abhiyan (Self-reliant India).
Source: Prime Minister's Office, Ministry of Finance
- India’s economy is projected to grow at 6.7% in 2022, the fastest in the world during the year
Source: United Nations Conference on Trade and Development (UNCTAD) Trade and Development Report 2021
- India’s real GDP is projected to grow at 9% in both 2021-22 and 2022-23 and at 7.1% in 2023-24. This projects India as the fastest growing major economy in the world in all these three years.
Source: Ministry of Finance
REASON 02
Largest youth population in the world
- The population of India is expected to rise from 121.1 cr to 152.2 cr during 2011-36 an increase of 25.7% in twenty five years.
Source: National Commission on Population, Ministry of Health & Family Welfare
- India has its largest ever adolescent and youth population. It will continue to have one of the youngest populations in the world till 2030.
Source: United Nations Population Fund
- India has the third-largest group of scientists and technicians in the world.
Source: All India Management Association, The Boston Consulting Group
- Ministry of Youth Affairs and Sports signed a Statement of Intent with YuWaah with UNICEF to strengthen resolve to mobilise 1 crore youth volunteers to achieve goals of Atmanirbhar Bharat
Source: Ministry of Youth Affairs
- By 2030, it is estimated that around 42% of India’s population would be urbanised from 31% in 2011.
Source: World Bank
REASON 03
Indian infrastructure story
- Hon'ble Finance Minister Smt Nirmala Sitharaman announced the National Infrastructure Pipeline first-of-its-kind initiative to provide world-class infrastructure across the country.
- The NIP will attract investments into infrastructure and will be crucial for attaining the target of becoming a $5 Tn economy by FY 2025.
- Nearly 7,000 projects across different sectors costing above INR 100 Crore per project and totaling INR 111 Lakh Crore have been identified
- Sectors such as Energy (24%), Roads (18%), Urban (17%) and Railways (12%) amount to around 71% of the projected infrastructure investments in India.
Source: Department of Economic Affairs, Ministry of Finance and India Investment Grid
- An equity infusion of INR 6,000 crores has been made in the National Investment and Infrastructure Fund (NIIF) Infrastructure Debt Financing Platform to attract debt and equity investments in infrastructure
Source: Prime Minister's Office, Ministry of Finance
- India Industrial Land Bank (IILB), a GIS-based portal, is a repository of all industrial infrastructure-related information containing approximately 4,000 industrial parks mapped across an area of 5.5 lakh hectares of land
Source: Ministry of Commerce & Industry
REASON 04
Rising global competitiveness
- India jumps 79 positions from 142nd (2014) to 63rd (2019) in 'World Bank's Ease of Doing Business Ranking 2020'.
Source: World Bank
- India ranks 68th on the Global Competitiveness Index 2018-19.
Source: World Economic Forum
- India jumps 6 places to 37th rank on IMD’s World Competitiveness Index; Denmark tops chart
- 95% of 1.2 billion Indians are covered under Aadhar Scheme, one of the world’s largest social security program.
Source: Press Information Bureau, Government of India
- Pradhan Mantri Jan Dhan Yojana, a formalization of savings scheme under which 312 mn bank accounts have been opened with savings amounting to $11.6 bn.
Source: Ministry of Finance, Government of India
- Goods and Services Tax (GST), the biggest tax reforms since independence, paves way for a common national market by integrating various indirect taxes.
Source: Government of India
REASON 05
Global Innovation Index 2022
- India climbs to the 40th rank in the Global Innovation Index; a huge leap of 41 places in 7 years
Source: World Intellectual Property Organization
- India ranks #1 in the Central & Southern Asia Region
Source: World Intellectual Property Organization
- India ranks 3rd amongst the Lower Middle-Income Economy Group
Source: World Intellectual Property Organization
REASON 06
Rising economic influence
- Centre of global maritime trade to move from the Pacific to the Indian Ocean Region. India and China will be the largest manufacturing hubs of the world by 2030.
Source: Lloyd’s Register Marine & University of Strathclyde, Glasgow
- Connectivity to Central Asia and Europe via the International North-South Transport Corridor (INSTC).
Source: Press Information Bureau, Government of India
- In the next five years, India to have greater economic influence across the Asia-Pacific Region.
Source: Baker McKenzie & Mergermarket Group
NIIF Partnership
Investments across key social infrastructure sectors