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IND. FINANCE I

Sector: Manufacturing (Industrial) • Location: India

Source: World Bank Group

Project
Closed

The Industrial Finance and Technical Assistance Project supports the Government's strategy for expanding and modernizing industries and assists in the adjustment process both in the financial system and the industrial sector. To that end, the project provides: (a) financial and technical assistance support to the two largest development finance institutions (DFIs), Industrial Development Bank of

Status
Closed
Sector
Manufacturing (Industrial), Steel, Metal, Government
Location
India
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “IND. FINANCE I” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in India. Taiyo aggregates data on it from World Bank Group.

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Sponsoring Agency

Status

Original status

closed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Industrial Finance and Technical Assistance Project supports the Government's strategy for expanding and modernizing industries and assists in the adjustment process both in the financial system and the industrial sector. To that end, the project provides: (a) financial and technical assistance support to the two largest development finance institutions (DFIs), Industrial Development Bank of India (IDBI) and the Industrial Credit and Investment Corporation of India (ICICI), to help them meet their requirements for long term foreign exchange resources and to strengthen their capacity to appraise projects effectively. In addition, the project provides (b) technical assistance to the major Government steel company, SAIL, to enable it to complement the physical restructuring efforts on which it has embarked, by improving organizational systems, technical skills, distribution arrangements, pollution control measures and devising plans to reduce costs and improve quality.

Original sector

(Historic)Industry

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Manufacturing (Industrial), Steel, Metal, Government

Article published date

2025-12-17

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