Overseas Private Investment Corporation (OPIC), the US government’s development finance arm, is keen to expand its presence in India and partner the world’s largest democracy as a “key anchor” of the Trump administration’s Indo-Pacific strategy, a top visiting official said.
With the US President Donald Trump signing into law the BUILD Act last Friday, the US development finance institution has $37 billion more of resources, which would allow it to carry out more projects in India and around the world, said David Bohigian, Executive Vice-President, OPIC.
OPIC is looking for opportunities to deploy more capital in India, he said. Read more
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