The state visit to India of Saudi crown prince and prime minister Mohammed bin Salman could accelerate funding to Indian companies by the country’s sovereign wealth fund, the Public Investment Fund or PIF.
The fund is the seven largest sovereign wealth fund in the world and is the kingdom’s key investment vehicle.
The PIF is leveraging the energy boom and high global oil prices that have helped shore up Saudi Arabia’s revenues. For India, it wants to formulate an investment strategy, especially in infrastructure which includes real estate and to this end has asked consultancy firm Bain & Co to devise a

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