AustralianSuper, Australia’s largest pension fund, invests an additional amount into India’s National Investment and Infrastructure Fund (NIIF), according to two reports. Business Standard says the commitment is valued at $346 million (in Australian dollars, as reported), while Business Line describes the new allocation as AU$500 million. Both sources report that the fresh investment increases AustralianSuper’s total exposure to India to about AU$3.3 billion. The NIIF is an Indian investment vehicle focused on infrastructure and related sectors. The Business Standard piece also notes that the expanded investment occurs ahead of Prime Minister Narendra Modi’s business engagements in Australia, linking the timing to broader trade and investment discussions. Neither report provides further detail in the excerpts on the specific sectors or terms of the NIIF investment. Overall, the sources agree on the investor, the NIIF as the target, the additional investment magnitude, and the resulting cumulative exposure figure to India.