Brookfield to Add to Its $13 Billion Bet on India Projects (1)

Sept. 19, 2024, 11:02 AM UTC

Brookfield Asset Management Ltd. plans to add to the $13 billion it has already invested in Indian infrastructure, describing it as the “brightest spot” in emerging markets.

“There’s no reason why we can’t keep up with that trajectory,” Arpit Agrawal, head of the Canadian investment firm’s India infrastructure business, said in an interview. Brookfield has ramped up spending in the sector across India from just $100 million eight years ago.

Arpit Agrawal
Source: Brookfield Asset Management Ltd.

Brookfield’s wider themes for infrastructure that focus on digitalization, decarbonization and deglobalization play well in India, according to Agrawal. The firm, with total global assets under management of ...

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