Supporting India's Infrastructure for Sustainable Growth

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New Delhi, April 2 The infrastructure sector is set to play a central role in sustaining the country's long-term economic growth and achieving the goal of 'Developed India' by 2047, said Rohit Rishi, Managing Director of India Infrastructure Finance Company Ltd (IIFCL), on Thursday.

Addressing a meeting of stakeholders here, Rishi highlighted India's resilience in the face of global uncertainties and emphasized the central role of infrastructure in sustaining long-term economic growth.

He emphasized the expanding opportunities across transport, urban infrastructure, and clean energy, supported by a strong policy push and a robust pipeline of projects.

"IIFCL remains committed to supporting India's infrastructure journey by enabling financing that drives growth while promoting sustainability, resilience, and innovation. As the sector evolves, our focus is on building a high-quality, diversified portfolio aligned with national priorities," he said during the event, which saw participation of 100 stakeholders from across the infrastructure and financial ecosystem.

Reflecting on IIFCL's 21-year journey and its evolution from a traditional lender to a catalyst for infrastructure development, the company's Deputy Managing Director, Palash Srivastava, said that there is a need for innovation in financing structures, deeper capital market participation, and stronger collaboration among stakeholders to support the next phase of infrastructure growth.

He further highlighted IIFCL's strategic focus on sustainable and ESG-aligned financing, global partnerships, and the development of new frameworks to address emerging infrastructure needs.

"As India builds for the next 25 years of Amrit Kaal, IIFCL is committed to financing not just projects, but progress through innovation, partnerships, and sustainable infrastructure development," he added.

The event featured two focused panel discussions centered on climate resilience and capital mobilization, enabling in-depth deliberations among policymakers, financiers, and industry leaders.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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