India Development Fund
India Development Fund was one of the initiatives announced by the Finance Minister of India to facilitate private investment in infrastructure. The fund focuses on economic and social infrastructure in both rural and urban areas and has a particular interest in assets in Special Economic Zones (SEZs). Its interests include ports, energy, telecom, healthcare/medical facilities, education facilities and tourism. Aside from its infrastructure investments, India Development Fund also invests in other areas such as real estate, with stakes in Hotel Leelaventures and Chalet Hotels. The fund also invested INR 1 billion in International Recreation Parks in May 2006, providing exposure to a number of Indian amusement parks.