The full form of IL&FS is Infrastructure Leasing & Financial Services. It’s used on Business ,Companies & Corporations in India
Infrastructure Leasing & Financial Services (IL&FS) is an infrastructure development and finance company headquartered in Mumbai, Maharashtra, India.
Infrastructure Leasing & Financial Services Limited (IL&FS) is an Indian state-funded infrastructure development and finance company.
It operates through more than 250 subsidiaries including IL&FS Investment managers, IL&FS financial services and IL&FS Transportation networks India Limited (ITNL). Its projects include some of the largest infrastructure projects in India including India’s longest tunnel, Dr. Syama Prasad Mookerjee Tunnel, which opened for traffic in April 2017. After the company defaulted on its loans in 2018, the Government of India took control of the company and appointed a new board.
Infrastructure Leasing & Financial Services Limited is one of India’s leading infrastructure development and finance companies. Its central mandate is catalysing the development of innovative world-class infrastructure in the country.
For over 25 years, They have focused on commercializing infrastructure projects and creating value-added financial services to become a proactive partner in India’s growth story.
Widely acknowledged as the pioneer of Public Private Partnership (PPP) in India, the IL&FS Group has, through a variety of projects, benchmarked the private sector’s role in and commitment towards infrastructure development in India.
From concept to execution, IL&FS houses the expertise to provide the complete array of services necessary for successful project completion — from visioning, documentation, development and finance, to management, technology and execution.
With strong core skills across its distinct businesses, the IL&FS group has spread its expertise nationwide in widely varied sectors including roads, water, power, ports, area development and social and environmental infrastructure. Through our Financial Services verticals, we are continuously engaged in developing innovative, layered and competitive financial solutions for infrastructure development.
With benchmark projects in each sector, they have established specific, replicable, stand-alone, scalable prototypes for developing self-sustaining infrastructure projects.
From path-breaking ZLD infrastructure to a revolutionary teaching aid; from India’s only FIFA compliant sports facility to restoring a 300-year old palace; from building an oil tank terminal overseas to transforming the lives of ragpickers and paddy farmers: every IL&FS project is a story of pioneering vision, excellence and sustainability.
IL&FS was incorporated in 1987, initially promoted by the Central Bank of India (CBI), Housing Development Finance Corporation Limited (HDFC) and Unit Trust of India (UTI). Over the years, we have broad-based our shareholding and inducted institutional shareholders including State Bank of India, Life Insurance Corporation of India, ORIX Corporation Japan, and Abu Dhabi Investment Authority (ADIA).
IL&FS infrastructure development initiatives have been sectorally and geographically diverse. Strategic relations with governments in 22 states and various departments of the Central Government and Union Territories have helped widen the IL&FS Group’s national footprint. Its international presence includes offices in Singapore, Spain, London and Dubai, as well as strong network partners in the USA, Tokyo, Philippines and Abu Dhabi.
IL&FS
means
Infrastructure Leasing & Financial Services
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