Ontario Teachers' Pension Plan made its first India commitment in 2019 and opened a Mumbai office in 2022. It has invested or committed more than C$4.5 billion in India, about half of it in infrastructure platforms.
Ownership and structure
Ontario Teachers' Pension Plan invests in India from Canada through direct majority and minority stakes, infrastructure platforms and fund commitments, supported by its Mumbai office opened in 2022.
What India does for Ontario Teachers' Pension Plan
India is a growth market for OTPP across infrastructure, private equity, healthcare and renewable energy.
Investment and deals
OTPP has invested or committed more than C$4.5 billion in India since 2019, about half of it in infrastructure platforms.
Ontario Teachers' Pension Plan's India business
Its first India investment was a 2019 commitment to the National Investment and Infrastructure Fund. OTPP opened its Mumbai office in 2022.
It has invested or committed more than C$4.5 billion in India. Holdings include Sustainable Energy Infrastructure Trust and Sahyadri Hospitals.
Key moves in India
- 2019: Made its first India investment, committing up to US$1 billion to the National Investment and Infrastructure Fund.
- 2022: Agreed to acquire a majority stake in Sahyadri Hospitals from Everstone Group.
- 2022: Opened its Mumbai office in September to cover equities, infrastructure, real estate and credit.
Where it operates
Ontario Teachers' Pension Plan runs its India business from Mumbai.
At a glance
- Home country: Canada
- Global headquarters: Toronto
- Sector: Private Equity & Investments
- Business: Pension fund
- Role of India: Investment portfolio
- India head office: Mumbai
- India offices: Mumbai
- India headcount: Not available
- In India since: 2019
© 2026 The Narrative Republic
See every foreign company we track in our Foreign Companies in India directory.
