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.
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