IIFCL sanctions loans worth 8,800 cr to develop civil
ECONOMY & POLICY

IIFCL sanctions loans worth 8,800 cr to develop civil

India Infrastructure Finance Company Limited (IIFCL) has greenlit loans amounting to Rs 8,800 crore to foster the growth of airports and civil aviation infrastructure within the nation, according to Managing Director PR Jaishankar. The Indian government harbors ambitious plans for advancing the civil aviation sector, recognizing that substantial investments are pivotal to realizing these aspirations.

Jaishankar revealed, "To date, IIFCL has approved loans totaling approximately Rs 8,800 crore, with disbursements reaching around Rs 4,000 crore, specifically designated for the development of airport projects." The company stands as a prominent financial contributor to airport projects across India, having extended support to these ventures with a combined project outlay of roughly Rs 74,000 crore. Additionally, Jaishankar emphasized that IIFCL maintains a notable presence across nearly all major airports in the country.

This strategic allocation of funds by IIFCL underscores the crucial role of financial institutions in fostering the growth and modernization of India's civil aviation infrastructure. These developments are aligned with the government's vision to elevate the aviation sector, which plays a pivotal role in India's economic and transportation landscape.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

India Infrastructure Finance Company Limited (IIFCL) has greenlit loans amounting to Rs 8,800 crore to foster the growth of airports and civil aviation infrastructure within the nation, according to Managing Director PR Jaishankar. The Indian government harbors ambitious plans for advancing the civil aviation sector, recognizing that substantial investments are pivotal to realizing these aspirations. Jaishankar revealed, To date, IIFCL has approved loans totaling approximately Rs 8,800 crore, with disbursements reaching around Rs 4,000 crore, specifically designated for the development of airport projects. The company stands as a prominent financial contributor to airport projects across India, having extended support to these ventures with a combined project outlay of roughly Rs 74,000 crore. Additionally, Jaishankar emphasized that IIFCL maintains a notable presence across nearly all major airports in the country. This strategic allocation of funds by IIFCL underscores the crucial role of financial institutions in fostering the growth and modernization of India's civil aviation infrastructure. These developments are aligned with the government's vision to elevate the aviation sector, which plays a pivotal role in India's economic and transportation landscape.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000