IFC will continue to raise annual India investments: South Asia Director

In a Q&A, Hector Gomez Ang asserts that the institution's India portfolio has delivered strong development and financial returns despite Covid-19

International Finance Corporation (IFC) calls itself the largest global development institution focused exclusively on the private sector in developing countries. India is the biggest investment destination for the World Bank’s investment arm. During CFA Society India 12th India Investment Conference', Hector Gomez Ang, Regional Director, South Asia, IFC explained Samie Modak, IFC’s investment approach. Edited excerpts:

What are the kind of investment commitments IFC has towards India?

India is IFC’s largest portfolio globally. We have an outstanding portfolio of more than $6 billion. This is 10 per cent of the global portfolio. Since 1956, IFC has invested more than $24