IIFCL to boost infrastructure plans
ECONOMY & POLICY

IIFCL to boost infrastructure plans

India Infrastructure Finance Company (IIFCL) has plans to examine overseas bond issuance as it gears up to fund the new government´s big infrastructure plans. The company has a credit line of $5 bn from the RBI. However, it is examining a proposal for dollar borrowing. India´s infrastructure development will require $1 tn investment, according to government estimates.

Contact: India Infrastructure Finance Company.
Tel: 011-2370 8263.

India Infrastructure Finance Company (IIFCL) has plans to examine overseas bond issuance as it gears up to fund the new government´s big infrastructure plans. The company has a credit line of $5 bn from the RBI. However, it is examining a proposal for dollar borrowing. India´s infrastructure development will require $1 tn investment, according to government estimates. Contact: India Infrastructure Finance Company. Tel: 011-2370 8263.

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