New Delhi, March 30 -- International Finance Corp. (IFC) aims to scale up its India investments by about 30% to $7 billion this fiscal year ending 30 June, said Sarvesh Suri, regional vice-president for Asia and the Pacific at World Bank Group's private sector-focused development finance arm, in an interview to Mint. This comes in the wake of expanded long-term project financing with a focus on private sector-led job creation.

IFC backs sectors including city projects, e-mobility, small businesses, energy transition and agriculture.

The agency has scaled up its long-term commercial financing in India sharply over the last few years, with investments jumping four times to $5.4 billion in 2024-25 from $1.3 billion in 2021-22.

"Last fisca...