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IFC investments in India up by 136% to over $2.6 billion in FY 2018

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

Mengistu Alemayehu
Mengistu Alemayehu, Director - South Asia

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, ...