Feb 24 2018 | India Opportunities

IFC to fund JISL expansion plans

Jain Irrigation Systems Ltd (JISL) is going ahead with its expansion plans comprising its operations in micro irrigation systems (MIS), plastic pipes, tissue culture, and solar products in India. JISL manufactures pipes used for water supply, sewage, waste management and is likely to be one of the contributors towards the Clean India campaign.The International Finance Corporation (IFC), the private investment arm of the World Bank, has proposed to invest up to $40 million in this regard.