FS investments: Rs 1.4 lakh crore investment to support development of Indian industry

FS Investments, which is the largest FDI fund in India and is owned by the Rothschild family, has said it will invest Rs 1,400 crore in Indian industries over the next two years.

The fund has committed to invest Rs 2,000 crore in the sectors of defence, aviation, railways, and power.

FS Investments said it would also be making a significant contribution to the government’s plans to boost employment opportunities in rural areas, especially those in the north of the country.

FS Investors said it had made a commitment of Rs 1 crore to the Bharat Abhiyan, an ambitious project to provide employment opportunities for the poorest and most marginalised sections of the society, by 2020.

The investment will be a part of the Bharatiya Janata Party’s ‘Rural India’ mission.

FS Investment is the world’s third-largest FDI investor, after Goldman Sachs and Bank of America Merrill Lynch.

In October, it said it was making investments in sectors of aviation, defence, rail, power, and food processing.

In December, FS Investments had invested Rs 4,000 crores in a range of sectors including cement, food, agri-food, steel, fertilisers, chemicals, cement, steel mills, fertilizer and cement factories.