The Government of India's Planning Commission's Committee on Infrastructure estimates that $585 billion (about $240 billion in debt-financing) in total investment is necessary to achieve its Eleventh Plan. The Plan, released in December 2006 for the period 2007-2012, includes projections for power, roads and bridges, telecommunications, railways, irrigation, water supply and sanitation, ports, airports, storage, and gas. U.S. exporters that supply goods and services related to these sectors will find many opportunities in the Indian market.
Ex-Im Bank is open in the short-, medium-, and long-term in India offering direct loans and loan guarantees to support U.S. exports. In April 2008, Ex-Im Bank's Board of Directors approved the India Infrastructure Facility (IIF), a $2.2 billion special delegated line of credit involving eight Indian financial institutions. Under this new facility, transactions for infrastructure financing will receive expedited processing.
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