Centre of Excellence
For Aspiring SMEs

A Joint Initiative by IFCI & FISME

India Unveils Green Steel Taxonomy to Lead Global Sustainability Efforts       Telangana Government Urges Nasscom to Support State’s Young India Skills University Initiative       Indore Garment Manufacturing Industry Poised for 15% Growth Amid Political Instability in Bangladesh       India Inc. Urged to Leverage Employment Linked Incentive Scheme for Job Creation in Manufacturing       Karnataka Signs MoU with Krones for State-of-the-Art Manufacturing Facility       India to Allocate Viability Gap Funding for 3,000 MW Annual Electrolyser Manufacturing Capacity       Women-Owned MSMEs in India Reach 20.5%, Driving Growth in Tier II & III Cities: KPMG Report       Tamil Nadu Launches Scheme Aimed at Supporting Artisans Across 25 sectors       Corporate India Must Strengthen Ties with MSMEs to Drive Economic Growth: FM Sitharaman       Maharashtra Leads in Startup Closures as 5,000+ Shut Operations Nationwide      

About IFCI

  • IFCI is a Systematically Important Non Deposit Taking Non Banking Finance Company (NBFC-ND-SI) in the public sector. Established in 1948 as a statutory corporation, IFCI is a public limited company listed on BSE and NSE. IFCI has six number of subsidiaries and one associate under its fold.
  • IFCI is having mandate to provide financial support for the diversified growth of Industries across the spectrum. The financing activities cover various kind of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries. During its 75 years of existence, mega projects like Adani Mundra Ports, GMR Goa International Airport, Salasar Highways, NRSS Transmission, Raichur Power Corporation, to name a few, have been setup with financial assistance of IFCI.
  • IFCI also provides Government Advisory services and Corporate Advisory services. In Government Advisory, IFCI is appointed as a Project Management Agency (PMA) for various Production Linked Incentive (PLI) schemes launched under the aegis of "Atmanirbhar Bharat" by the Government of India. These schemes are aimed at boosting domestic manufacturing and to attract large investment in the identified sectors. IFCI is also the Verifying & Monitoring Agency for various capital subsidy schemes.Under Corporate Advisory, IFCI is offering financial advisory, ESG advisory and other Project advisory services to the Corporate & Government sectors.IFCI is also the Nodal Agency for monitoring loans of Sugar Development Fund (SDF) since 1984.
  • IFCI is also the Nodal Agency for monitoring loans of Sugar Development Fund (SDF) since 1984.
  • The company has played a pivotal role in setting up various market intermediaries of repute in several niche areas like stock exchanges, entrepreneurship development organizations, consultancy organizations, educational and skill development institutes across the length and breadth of the country.
  • The Govt. of India has placed a Venture Capital Fund of Rs. 200 crore for Scheduled Castes (SC) with IFCI with an aim to promote entrepreneurship among the Scheduled Castes (SC) and to provide concessional finance. IFCI has also committed a contribution of Rs.50 crore as lead investor and Sponsor of the Fund. IFCI Venture Capital Funds Ltd., a subsidiary of IFCI Ltd., is the Investment Manager of the Fund. The Fund has been operationalized since FY 2014-15 and IVCF is continuously making efforts for meeting the stated objective of the scheme.
  • Further, in March 2015, Ministry of Social Justice and Empowerment, Government of India has designated IFCI as a nodal agency for implementing the “Credit Enhancement Guarantee Scheme for Scheduled Castes” with an objective to encourage entrepreneurship amongst the Scheduled Castes, by providing Credit Enhancement Guarantee to Member Lending Institutions viz. banks who are providing financial assistance to these entrepreneurs belonging to scheduled castes community.