New Delhi, July 9 -- Prime Minister Narendra Modi on 9 July welcomed AustralianSuper's decision to invest AU$500 million in India, describing it as a strong endorsement of the country's economic growth and reform agenda.

The investment was announced by AustralianSuper Chief Executive Paul Schroder during the India-Australia CEO Forum and Economic Roadmap Business reception held in Melbourne attended by PM Modi as part of his three-day visit to Australia.

"India welcomes the AU$500 million investment from AustralianSuper, announced by their Chief Executive, Mr. Paul Schroder, this morning in Melbourne," PM Modi said in a post on X.

AustralianSuper is Australia's largest pension fund managing over 410 billion Australian dollars in assets...