The Company > IWIN - An
Introduction
The ICICI – West Bengal Infrastructure Development Corporation
Limited (ICICI WINFRA - IWIN in short) is a joint venture company
between ICICI Bank Group (the second largest bank in India, second
bank in Asia and first Indian Company to be listed in NYSE) and Government
of West Bengal formed primarily with the objective of accelerating
the development of Infrastructure. ICICI Bank Group holds 76% of the
Company's equity while West Bengal Industrial Development Corporation
(WBIDC) holds the balance 24% on behalf of the state government. The
Company was incorporated in January 1995, but started significant
operations from August 1997.
Since 2001, IWIN now operates on a pan India basis. Over time,
I-WIN has become the only nodal agency for infrastructure development
in the Indian States outside the Government. ICICI Winfra ensures
timely completion of projects within a pre-approved cost estimate.
ICICI Winfra in a nutshell:
A company which:
- Has access to enormous amount of specific industry
understanding
- Knows how to deal with Governments, at central and state
level
- Can advice new investors in identifying specific business
opportunities and in developing their entry strategy
- Can conceive projects and successfully implemented them on a
turnkey basis
- Has understanding & proven track record for creation of
landed infrastructure especially industrial parks
- Has proven track record for
> identifying strategic project partners, both domestic and
international
> marketing & disposing of real estate property, especially in
eastern India
- Is the first advisory company in India to have actually
created an already functional Greenfield SEZ.
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