The International Finance Corporation (IFC) plans to scale up its annual investments in India to $10 billion by 2030, eyeing bets in sectors such as renewable energy, urban infrastructure and financial services, a senior executive said.
Annual investments in India by IFC, the private-sector arm of the World Bank Group, have risen to about $5.4 billion in 2024/2025 from about $1.3 billion in financial year 2021/2022, Imad Fakhoury, its South Asia regional director, told Reuters.