CapitaLand Investment (CLI) has announced plans to more than double its funds under management (FUM) in India by 2028, aiming to increase its current FUM of $ 7.4 billion (Rs 458.8 billion) to over $14.8 billion by 2028.
This effort aligns with CLI’s broader goal of reaching $ 200 billion in FUM by 2028 globally..
In addition, CapitaLand’s investment plans can have a positive ripple effect on Indian economy. Increased foreign investments can contribute to job creation, economic growth, and infrastructure development in India. Furthermore, the influx of foreign investment can lead to increased competition among developers, potentially resulting in better-quality projects, lower prices, and improved customer service.
