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Bottomline: How CPPIB, OMERS and CDPQ-backed Indian roads InvITs fared in FY24

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Several Canadian pension funds, including CPPIB, OMERS, and CDPQ, have invested in Indian roads infrastructure investment trusts (InvITs). This move comes as India's highway sector continues to see increased government spending and rising traffic and toll rates. These foreign investors are attracted to the promising prospects of the Indian infrastructure market.