New Delhi, March 4 India Infrastructure Finance Company Ltd (IIFCL) plans to raise USD 1.6 billion (approximately Rs 14,500 crore) from multilateral agencies and other overseas investors as part of its strategy to mobilize resources and support infrastructure development across the country.
"Our strategy is to build a diversified and cost-effective long-term funding base that aligns with infrastructure financing needs. In addition to domestic resources, we have mobilized resources from leading multilaterals such as ADB, KfW, JICA, EIB, and the World Bank," IIFCL's newly-appointed MD Rohit Rishi told