This information is derived from the State Department's Office of Investment Affairs' Investment Climate Statement. Any questions on the ICS can be directed to
Last Published: 8/2/2017

The United States and India signed an Investment Incentive Agreement in 1987. This agreement covers the Overseas Private Investment Corporation (OPIC), which is the development finance institution of the U.S. Government. Since 1974 OPIC has committed more than $3.5 billion in loans, investment funds, and political risk insurance to 162 projects in India. As of December 31, 2016 OPIC’s current portfolio in India comprises more than $1.5 billion outstanding across 32 projects. These are concentrated in the utilities and financial services sectors, including microfinance.

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India Economic Development and Investment Overseas Private Investment Corporation