HUDCO's New Chapter: Driving India’s Growth with IFC Status
- A Listed Navratna CPSE under the aegis of Ministry of Housing and Urban Affairs, GoI
- 54-year-old Institution with Pan-India Presence and Strong Relationships with States
- Was registered as a Housing Finance Company
- Funding entire landscape of Housing with focus on vulnerable section of the society & related Infrastructure projects
- Provides Value added services including Training and Consultancy services
- Key Role in Various GoI Schemes such as PMAY, AMRUT, Smart City Mission, Jal Jeevan Mission, Swacch Bharat Mission etc.
HUDCO has now received the Certificate of Registration as a Non-Banking Financial Company – Infrastructure Finance Company (NBFC-IFC) from the Reserve Bank of India (RBI). This significant achievement propels HUDCO into a new era of infrastructure development, aligning with India’s ambitious growth trajectory.
As an NBFC-IFC, HUDCO is now empowered to finance a broader spectrum of large-scale infrastructure projects, extending beyond our traditional focus on housing and urban development. This includes critical sectors identified under the Harmonized list of Infrastructure Sub-sectors issued by Deptt. of Economic Affairs, M/o Finance, such as affordable housing, roads, highways, multi-model corridors, transport, urban mobility, energy, water, sanitation, and communication. Majority of Core Infrastructure projects, do not generate cash flows or the cash flows are inadequate, thereby face significant challenges due to their scale and complexity and require Government intervention to create investment value. HUDCO with its motto of “Profitability with Social Justice” shall propel investment in these core infra projects, which are deemed essential for transforming India into a developed economy.
This enhanced capability positions HUDCO to not only support but actively drive the rapid development of key infrastructure projects, improving quality of life of citizens across the nation. With our expertise in consultancy and capacity building, combined with capability to provide financial assistance, HUDCO offers 360o solution for creation of sustainable and resilient world class infrastructure in line with Viksit Bharat 2047 thereby mitigating huge capital & technical requirements in the sector
The IFC status also strengthens HUDCO’s financial resilience by diversifying our portfolio, ensuring sustainable growth and continued impact. We are excited to embark on this new chapter, committed to contributing to India’s vision of a 'Viksit Bharat' through transformative infrastructure projects.
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