Commercial realty will remain an important area for CPPIB: Senior MD

We are here for the long term and India is an attractive market, says Alain Carrier, CPPIB's senior managing director

Canada Pension Plan Investment Board (CPPIB) has invested around CA$8.2 billion (nearly USD $6.24 billion) in India since it started investing here in 2009, with a focus on infrastructure, real estate and financial services. It has invested in companies such as EdTech Byju’s and recently backed IndInfravit Trust’s move to acquire the road projects of Sadbhav Infrastructure. Alain Carrier, its senior managing director and head of international, and Vikram Gandhi, a senior adviser, spoke to Raghavendra Kamath on their strategy and views on the economy. Edited excerpts:

The non-banking financial and real estate sectors have gone through a lot of stress