The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $41 million investment in TVS Infrastructure Investment Trust (InvIT) aimed at accelerating the development of sustainable warehousing across India.
The funding will support the construction and enhancement of eco-friendly warehouse facilities, incorporating energy-efficient systems, renewable energy sources, and environmentally responsible building practices. This move aligns with India’s growing focus on sustainable infrastructure and the logistics sector’s shift towards greener operations.
TVS InvIT, one of India’s leading infrastructure investment trusts, will leverage the IFC investment to expand its portfolio of warehouses and strengthen its commitment to ESG (Environmental, Social, and Governance) standards.
Commenting on the partnership, an IFC spokesperson said, “This investment underscores our commitment to sustainable infrastructure in India. By supporting TVS InvIT, we aim to drive efficiency, reduce carbon footprints, and create long-term value for stakeholders.”
Industry experts noted that the infusion of green capital into logistics assets is expected to spur further private sector participation in sustainable warehousing, supporting India’s broader supply chain modernization goals.