IFC investments in India up by 136% to over $2.6 Billion in FY 2018.
International Finance Corporation (IFC), a member of the World Bank group, has invested $2.6 billion in India in FY18 as compared to $1.96 billion in 2016-17, a rise of 33 per cent over the last year. If the same is compared with FY16 numbers investments grew by 136 per cent as the World Bank's investment arm invested $1.1 billion in 2015-16.
IFC invested in the priority areas such as infrastructure, logistics, inclusion, and sustainability. IFC said these investments are long-term, and has 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 investment 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 hold key to IFC’s investment and advisory activities in India going forward.
Fill out the form and a member of our team will get back to you shortly.
Usual response time 1-2 hours.
“As we complete six decades in India, we continue to believe in the country’s fundamentals. We want to spur growth which is inclusive, sustainable, and fast,” said Mengistu Alemayehu, director, south Asia, IFC.
He added: “We will continue to play a pioneering role in India, resolving the challenges of inclusion and access through sustainable private-sector solutions.”
Investments in infrastructure crossed $1 billion for the first time, and climate-related investments, too, crossed $1 billion to touch a record high. IFC’s work in the area of distressed assets has the potential to address 12-15 per cent of India’s non-performing assets.
Article Source : business-standard
Up to 15% Returns on Investment
Fixed return investments fully backed by properties.
*15% p.a. paid at the end of the term on capital gain option*
Submit your email address and a member of our team will contact you shortly. Usual response time is 1-2 hours.
Thai Citizenship Step-By-Step Guide: Foreigners with a Thai Spouse Immigration law in Thailand provides an expedited path to citizenship for those who have deep connections to the country through marriage, which means you can now apply for Thai citizenship without the...
Restraining the Thai Baht As scepticism grows amongst other World Economies Thailand’s Central Bank is in a direct discussion on how to lessen the dramatic upsurge in the Thai Baht just as the rest of the world keeps a watchful eye for signs of unfair currency...
ETA - Client Alert | Hotel Operators Thailand's National Council for Peace and Order (NCPO) issued Order No. 6/2562 on 12 June 2019, to temporarily suspend the enforcement of town planning and local building control regulations on specific buildings that are used for...
UP TO 15% PER YEAR FIXED RETURN
3 year investment plan, ideal for first-time investors.
Flexible Payment Options
Option to receive interest payments monthly or quarterly.