IFC invests a record $ 2.6 billion in India

in LeoFinance15 days ago

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IFC a member of the World Bank Group has invested a record $ 2.6 billion in FY 2018 in India an increase of 136 per cent over the previous two years. IFC has invested in key priority areas such as infrastructure, logistics, inclusion and sustainability. The all time high investment made by IFC. It addresses major development gaps in affordable housing, small and medium enterprises, technology start-ups, logistics, agriculture, distressed assets, renewable energy and sustainable mobility through selective and systematic interventions. These sectors will continue to be the cornerstone of IFC's investment and advisory activities in India in the coming years.

The IFC set several milestones this year. This year it has invested $ 1 billion in the infrastructure sector for the first time. Climate related investment also crossed $ 1 billion to touch record levels.

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