International Finance Corporation (IFC in India)

  • 7,101 views
Uploaded on

The presentation captures an overview of the work done by IFC in India.

The presentation captures an overview of the work done by IFC in India.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
7,101
On Slideshare
0
From Embeds
0
Number of Embeds
4

Actions

Shares
Downloads
52
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide
  • FINO was recently declared winner under the category Achievement in Banking at the Base of the Pyramid at the Fifth IFC/ FT Sustainable Banking Awards

Transcript

  • 1. Promoting sustainable private sector development IFC in India
  • 2. IFC in India
    • Long term partner – first investment in India in 1958
    • Regional hub for South Asia (including Bangladesh, Bhutan, Maldives, Nepal, Sri Lanka)
    • Offices in India - Delhi, Mumbai, Chennai and Kolkata
    • Cumulative IFC Investments, India - March 2010 ($ 6.8bn)
    • IFC Committed Portfolio , India – December 2010 ($3.6b)
  • 3. IFC’s Investments in India
        • 1950-60: Kirloskar Oil Engines
        • 1970: HDFC, Zuari Industries, etc.
        • 1980: Ashok Leyland, Mahindra & Mahindra, Tata steel, etc.
        • 1990: Moser Baer, IDFC, Jet Airways, GVK, etc.
        • 2000: Apollo Tyres, Dabur Pharma, ING Vysya, TVS Motors, Cairn India, etc
        • 2010: Central Bank of India, WEG, Auro Mira and Utkarsh Microfinance
  • 4. What are we doing in India today?
    • Support Indian government to meet infrastructure finance needs
    • Encourage private investments in low-income states
    • Increase access to finance in under-served segments
    • Support to industrial sector , engineering, automotive components
    • Focus on agribusiness
    • Encourage energy efficiency, cleaner production, renewables
    • Helping Indian companies grow outside India: take Indian companies abroad – IFFCO, Tata Steel
    • Promote trade finance , eg: EXIM Bank
  • 5. What defines IFC’s work in India…
    • Partner central and state governments on their infrastructure development goals; advise on PPP transactions
    • Helping central and state governments undertake reform to improve investment climate
    • Encourage energy efficiency, cleaner production
    • Helping Indian companies adopt high environmental and social standards
    • Sharing corporate governance best practices
    • Stimulate community integration support to investment clients
    • Support to small and medium enterprises
      • Improve availability of finance to SMEs
      • Provide training support to SMEs to strengthen operations, develop business skills
    • Share costs with key stakeholders for sustained impact
    • Measure reach and focus on results
    Environment & Social Sustainability Access to Finance Business Environment Public-Private Partnerships Enterprise Assistance
  • 6. IFC’s investment + advisory priorities as part of WB Group India’s context and IFC’s strategic role
    • Clean production, energy efficiency,
    • Renewable energy
    • Adaptation
    Economic Inclusion Clean Growth Global Integration
    • Focus on inclusive (Base of the Pyramid),
    • low income states of India, rural/ semi-urban in rest
    • Infrastructure finance & PPPs
    • Trade finance
    • South South projects
    • Innovative India models
    • Achieving rapid,
    • inclusive growth
    • Ensuring
    • development
    • is sustainable
    • Increasing
    • effectiveness of
    • service delivery
  • 7.
    • millions
    INDIA Commitments and Mobilization FY 06-FY10
  • 8. Supporting Small Entrepreneurs in High Priority States in India
    • Au Financers
    • Non banking financial corporation in Rajasthan
    • Provides financial assistance to low income, self employed, small entrepreneurs
    • Making credit accessible for micro and small enterprises
    • Key Outcomes
    • Expect to reach 180,000 small borrowers in the next five years
    • IFC’s initiative provides growth opportunities to the underserved in low income states
  • 9. Powering Remote Villages in High Priority States
    • Husk Power
    • The company converts locally available rice husk waste to electricity
    • Makes available economical, efficient and environment friendly power option
    • Provision of basic communication, education and healthcare infrastructure
    • Key Outcome
    • Impacting the people at the base of the pyramid and commercial establishments through affordable electricity
    • Reduction in crime rate due to availability of electricity
  • 10. Making financial services accessible to the underserved
    • Key Outcomes
    • Over 17 million customers from low income households enrolled
    • 2.85m Deposit accounts opened
    • FINO
    • Provide smart card solutions for expanding access to financial services for the unbanked
    • Working with 20 banks, 10 MFIs, 4 Insurance companies, and 9 Government bodies
    • $ 4 Million IFC equity investment
    • FT award for Global BoP Bank 2010
    • $ 1 million advisory project for :
      • Developing business model
      • Capacity building of extension agents
      • Piloting testing
      • Monitoring and Evaluation systems
  • 11. Promoting Adoption of Water Conservation Practices
    • Jain Irrigation
    • Global Agricultural Practices (GAP) modified to adapt Indian conditions
    • Pilot operational among onion and mango growers
    • Water footprint initiative to audit and conserve water
    • Key Outcomes
    • 1000 farmers covered under Jain GAP;
    • to be scaled-up to cover more than 4000 farmers over three years
    • to be recognized by GLOBAL GAP as an entry standard
  • 12. Healthcare through Public Private Partnership
    • AP Healthcare
    • Upgradation of diagnostic services at medical colleges in Andhra Pradesh
    • Development of a comprehensive policy framework to improve availability of quality and affordable health care
    • Meghalaya Healthcare
    • Development of a hospital and a medical college
    • Creating professional employment opportunities for the locals
    • Key Outcomes
    • Affordable and accessible healthcare for low income groups
    • Addresses the critical shortage of trained medical and paramedical staff
    • Expanding access to affordable medical services
  • 13. Going forward, IFC will continue focus on…
    • addressing barriers to inclusive growth
    • enabling environment for investments in low income states
    • ramp up PPP advisory for infrastructure services
    • enhancing access to irrigation, drinking water, health and education sectors
  • 14. Thank you