ENA Sectors 2025-05-23 14:52:48 <p><span style="font-size:14px"><strong>New Delhi, May 23 (KNN)</strong> Brookfield Asset Management, a leading global investment firm, has unveiled plans to significantly expand its footprint in India by aiming to triple its assets under management (AUM) in the country to USD 100 billion over the next five years.</span></p> <p><span style="font-size:14px">This ambitious target underscores Brookfield's confidence in India's economic growth and its commitment to long-term investments in the region.</span></p> <p><span style="font-size:14px">Connor Teskey, President of Brookfield Asset Management, highlighted the firm's strategic focus on sectors such as infrastructure, real estate, renewable energy, and private equity. </span></p> <p><span style="font-size:14px">Brookfield has been active in India for over 15 years, with current investments totalling approximately USD 30 billion. </span></p> <p><span style="font-size:14px">The firm anticipates that its global AUM will double in the same period from the current USD 1 trillion, with emerging markets like India expected to see above-average growth. </span></p> <p><span style="font-size:14px">In addition to its expansion plans, Brookfield is exploring opportunities in India's nuclear energy sector, which has recently received favourable policy support from the Indian government. </span></p> <p><span style="font-size:14px">Teskey emphasised the firm's belief in nuclear energy as a source of clean, dispatchable baseload power, beneficial for meeting the growing energy demands worldwide.</span></p> <p><span style="font-size:14px">Brookfield's global portfolio includes ownership of Westinghouse Nuclear, a major player in the nuclear energy sector, providing nuclear power plants, fuel, and services to utility customers worldwide.</span></p> <p><span style="font-size:14px">Brookfield's investment strategy in India aligns with the country's vision to become a clean energy superpower. </span></p> <p><span style="font-size:14px">The firm is focusing on digital infrastructure, transportation, utilities, financial services, and manufacturing sectors. </span></p> <p><span style="font-size:14px">This move signifies Brookfield's commitment to deepening its presence in India and diversifying its investment portfolio to include emerging and strategically important sectors like nuclear power.</span></p> <p><span style="font-size:14px">As Brookfield continues to assess opportunities in different markets, its planned expansion in India reflects the firm's confidence in the country's economic trajectory and its potential as a hub for sustainable and diversified investments.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 42181 https://knnindia.co.in/news/newsdetails/sectors/brookfield-targets-100-billion-investment-in-india-to-expand-nuclear-energy-sector 2025-05-23 14:52:48 knnindia.co.in