PROJECT

Projects

Summary of Investment Information

Project Number

31665

Company Name

JAIN IRRIGATION SYSTEMS LIMITED

Date SPI Disclosed

Apr 6, 2012

Country

India

Region

South Asia

Projected Board Date

Jun 28, 2012

Environmental Category

B - Limited

Status

Active

Last Updated Date

Nov 30, 2016

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Agribusiness and Forestry

Previous Events

Approved : Jun 28, 2012
Signed : Sep 5, 2012
Invested : Oct 9, 2012

Sector

Other Plastic and Rubber Products (Including Polypropylene Bags, Housing Components, Containers, etc.)

Project Description

Jain Irrigation Systems Ltd. (JISL or the Company) is India’s largest provider of micro-irrigation systems (MIS). In addition to MIS, the Company is also a leading producer of plastic sheets and pipes, agro processed products, tissue culture and green energy. Its headquarters are located in Jalgaon in the western Indian state of Maharashtra. IFC is considering financing part of its capital expenditure project with the total cost of about US$257 million.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation