Innovate in India for Inclusiveness Project

May 31, 2017


WASHINGTON, May 31, 2017 - The World Bank’s Board of Executive Directors today approved the following project:

                                               Innovate in India for Inclusiveness

IBRD Loan: US$125 million
Terms: Maturity = 19 Years, Grace = 5 Years
Project ID: P156241

Project Description: The program development objective is to develop an innovative biopharmaceutical and medical devices industry, which is globally competitive and helps India address its public health priorities.

Media Contacts
In Washington:
Elena Karaban
Tel : +1 (202) 473-9277
In India:
Nandita Roy
Tel : +91-11-41479220