The National Investment and Infrastructure Fund Limited (NIIF) has released its third annual sustainability report for FY 2026, highlighting its progress in combining long-term financial investments with environmental and social development across India. Titled Investing in India’s Resilient Future, the report covers the period from April 2025 to March 2026 and outlines the sustainability impact of NIIF’s USD 5.3 billion investment portfolio.
During the financial year, the Government of India approved an additional ₹30,000 crore for NIIF, strengthening its role in financing India’s infrastructure and development priorities. The fund also achieved important fundraising milestones, with its successor Infrastructure Fund II securing a first close of USD 2 billion and Private Markets Fund II reaching USD 750 million.
A major development during FY 2026 was NIIF becoming a signatory to the United Nations-supported Principles for Responsible Investment in September 2025. The organisation also introduced an updated Sustainability and Responsible Investing Policy in October 2025, integrating environmental, social and governance (ESG) considerations throughout the investment process, from initial screening to exit. According to the report, every new investment underwent ESG due diligence, while seven of its nine portfolio funds achieved the Resilient level under NIIF’s internal ESG maturity framework.
NIIF’s investment ecosystem includes more than 110 investments across 24 states and five union territories. Around 38% of its capital is directed towards green-transition sectors, helping avoid more than 25 million tonnes of carbon dioxide equivalent emissions during the year. Through its green financing platforms, including NIIF Infrastructure Finance Limited, Aseem Infrastructure Finance Limited and Ecofy, the ecosystem financed 19 GW of renewable energy capacity and processed ₹352 billion in green loans.
Electric mobility was another important area of progress. NIIF-backed companies, including Ather Energy, GreenCell Mobility, Mahindra Last Mile Mobility and EKA Mobility, collectively enabled more than 407,000 electric vehicles on Indian roads. These vehicles covered over 11 billion electric kilometres, supporting the country’s transition towards cleaner transportation.
The report also highlighted investments in climate-resilient infrastructure and healthcare. Projects such as Digital Edge India’s Navi Mumbai data centre and Bhogapuram International Airport incorporated heat management, flood resilience and resource-efficient designs. NIIF’s healthcare portfolio, comprising 19 companies and more than 2,500 operational beds, treated over 375,000 patients during the year. This included more than 101,000 beneficiaries under Ayushman Bharat, with specialist healthcare services expanding into over 40 Tier-II and Tier-III cities.
On the social development front, NIIF-backed businesses supported more than 1.13 million direct and indirect jobs and recorded over 753 million safe person-hours. Financial intermediaries financed more than 91,000 micro, small and medium enterprises and supported over 3 million women entrepreneurs through microfinance initiatives.
Manufacturing investments also expanded to 67 operational facilities, integrating more than 3,600 MSMEs into domestic supply chains. Meanwhile, portfolio companies recycled or reused 1.45 million tonnes of waste and 24 million cubic metres of water.
Through its investments across renewable energy, mobility, healthcare, manufacturing and infrastructure, NIIF continues to demonstrate how long-term capital can support India’s economic growth while advancing sustainability, resource efficiency and inclusive development.
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