IFC lends $6.5m to Indian food logistics company
International Finance Corp. (IFC), the World Bank's investment arm, will lend $6.5 million to food supply chain Snowman Logistics, in a move to foster efficiency and organization in India’s logistics sector.
The funding will help Snowman to expand its cold storage facilities in various locations in India, as well as reducing wastage and promoting food security. India's $390 million agricultural logistics...
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