AustralianSuper CEO Praises Modi, Unveils AU$500M Investment

AustralianSuper, Australia's largest pension fund, has announced an additional investment of AU$500 million in India's National Investment and Infrastructure Fund (NIF) during Prime Minister Narendra Modi's visit to Australia.

India welcomes the AU$500 million investment from AustralianSuper, announced by their Chief Executive, Mr. Paul Schroder this morning in Melbourne. This is yet another glimpse of the global confidence in India’s growth and reform trajectory. It also reflects the immense…

— Narendra Modi (@narendramodi) July 9, 2026

Speaking on the occasion, AustralianSuper CEO Paul Schroder praised Prime Minister Modi's long-term economic vision and commitment to creating a stable investment environment. Schroder said he had previously met PM Modi and was impressed by his understanding of business and investment, noting that the Prime Minister focuses on India's long-term prosperity while ensuring policy stability for global investors.

Schroder also highlighted the importance of the Australia-India CEO Forum, describing it as a valuable platform to strengthen economic cooperation between the two nations. He said the forum showcased the strong relationship between the Australian and Indian people and emphasized the need for continued collaboration and mutual learning.

Announcing the new investment, Schroder said AustralianSuper will invest an additional AU$500 million in the National Investment and Infrastructure Fund (NIF). He added that the investment is expected to generate long-term returns for AustralianSuper members while supporting critical infrastructure projects that will benefit communities across India.

The announcement marks another significant step in expanding Australia-India economic ties and reflects growing international investor confidence in India's infrastructure and long-term growth prospects.