DCEO Biswal Underscores Partnership With India to Solve Local and Global Challenges

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WASHINGTON, D.C. – The U.S. International Development Finance Corporation’s Deputy Chief Executive Officer Nisha Biswal traveled to Mumbai and New Delhi, India, from Sept. 10-14 where she highlighted DFC’s partnership in India to advance key growth and development priorities in India and work with India to solve the world’s most critical challenges.

DCEO Biswal spoke at the U.S.-India Business Council India Ideas Summit about DFC’s strategic vision for driving long-term growth between the United States and India and the broader Indo-Pacific region. While in India, she announced $70 million in new DFC investments to support affordable home loans in India and vaccine manufacturing. She spoke at a Milken Institute-hosted event that brought together U.S. public sector pension fund executives to explore investment opportunities in India. DCEO Biswal hosted roundtables with private sector leaders to discuss U.S.-India cooperation in financing projects in emerging markets and avenues for advancing clean energy manufacturing initiatives. DCEO Biswal also met with senior government leaders including Reserve Bank of India Governor Shaktikanta Das, EXIM Bank Managing Director Harsha Bangari, and EXIM Chief General Manager T.D. Sivakumar.

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The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, infrastructure, agriculture, and small business and financial services. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.