Get In Touch
  • Fb-icon
  • Top-linkdin
  • Top-twitter
  • Rss
img
Current Issue
section
logo

animation-neutral-tts-300x100' width='300' height='100' border='0

IFC invests a record $2.6 billion in India

By Niranjan Mudholkar,

Added 28 November 2018

The FY2018 investment shows a rise of 136 percent over the figure two years ago

dollars

India is IFC's largest country with an investment portfolio of $6.1 billion, which is 11% of the global committed portfolio.

IFC, a member of the World Bank Group, invested a record $2.6 billion in India in FY2018 - a rise of 136 percent over the figure two years ago - in the key priority areas of infrastructure, logistics, inclusion, and sustainability.

These investments are all long-term, made over 40 engagements with partners ranging from new-age start-ups, such as Coverfox and Bizongo, to established names such as Mahindra & Mahindra and HDFC.

This is an all-time high and addresses key development gaps through select and systemic interventions in affordable housing, small and medium enterprises, distressed assets, technology start-ups, logistics, agriculture, renewable energy, and sustainable mobility. These sectors will remain the cornerstones of IFC's investment and advisory activities in India in the years to come.

(Continued on the next page)

comments powered by Disqus