24-April-2026
Economy News
 
World Bank's investment arm plans to double its India bets to $10 billion a year by 2030
24-Apr-2026

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.

News Source:- https://www.moneycontrol.com/news/business/world-bank-s-investment-arm-plans-to-double-its-india-bets-to-10-billion-a-year-by-2030-13898601.html