3i India Infrastructure Fund Invests $111.51m in KMC Infratech

3i India Infrastructure Fund, an investment fund established by international investor 3i Group plc, to invest around $111.51 million in KMC Infratech Ltd (KMCIL), a subsidiary of KMC Constructions Ltd (KMCCL). Anil Ahuja, Managing Director and Head of 3i Asia said, “KMCIL is well positioned to take advantage of the significant opportunity in the road sector in India. This investment allows us to partner with an infrastructure operator with a sound track record of constructing and operating road assets in the country.” The US$1.2 billion 3i India Infrastructure Fund is building a balanced portfolio of investments focused on power, road, ports and airports.

24