India - 9.3-OPIC and OtherIndia - OPIC
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.Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
India Economic Development and Investment Overseas Private Investment Corporation