International Finance Corporation (IFC), the private sector arm of the World Bank Group, is the largest multilateral provider of finance for private enterprise in developing countries. IFC finances private sector investments
International Finance Corporation (IFC), the private sector arm of the World Bank Group, is the largest multilateral provider of finance for private enterprise in developing countries. IFC finances private sector investments, mobilizes capital in international financial markets, facilitates trade, helps clients improve social and environmental sustainability, and provides technical assistance and advice to businesses and governments.
From its inception in 1956 till 2006, IFC has committed more than $56 billion of its own funds for private sector investments in the developing world and mobilized an additional $25 billion in syndications for 3,531 companies in 140 developing countries. With the support of funding from donors, it has also provided more than $1 billion in technical assistance and advisory services.
IFC invested Rs. 110 crores in the form of equity in Suguna. The investment was made towards expansions and become internationally competitive. IFC’s investment in Suguna, being its first in the Indian poultry sector, is well aligned with IFC's focus on enhancing rural productivity and Suguna’s vision of Energizing Rural India.
As a pioneer in poultry integration Suguna has successfully enriched lives of many rural households in India. A growing network of over 15,000 farmers benefit from Suguna’s visionary leadership.
Suguna continuously seeks out partnerships that are inspiring along with engaging different abilities into one strong network to support its vision of energizing rural India. Partners comprise of leaders in different segments with both international and domestic alliances.
Suguna has created successful brands that reach the consumer in many formats. Well recognized for its quality Suguna’s brands are fast becoming a favorite of many Indian households.