Jain Irrigation

completed

Jain Irrigation Systems Ltd. (JISL or the company) is India’s largest provider of micro-irrigation systems (MIS). In addition to MIS, the company is also a leading producer of plastic sheets, pipes and fittings, and processed fruits and vegetables. JISL is one of India’s largest integrated agribusiness players with operations spanning the agricultural value chain. While the company’s headquarters are located in Jalgaon in the western Indian state of Maharashtra, JISL operates over 10 production facilities for MIS, plastic pipes, plastic sheets, dehydrated vegetables and processed fruits in the Indian states of Maharashtra, Andhra Pradesh, Tamil Nadu and Gujarat. The company has also invested in companies overseas, such as the United States and Israel. The company is planning an investment program to: - expand its micro-irrigation and food processing facilities; and - undertake domestic and overseas acquisitions. IFC is considering providing a corporate loan to JISL, to finance its capital expenditures program.