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| Technology Finance
ICICI believes that technological advancements
play a central role in India's economic and industrial development. They
are among the critical factors necessary for the nation to become competitive
and efficient in the global economic arena.
Towards this end, ICICI has become one of the largest arrangers of technology
finance in India. ICICI manages US AID and World Bank funds for its various
technology-financing programmes. These programmes are aimed at providing
finance for the development and commercialisation of technologies in the
areas of post-farm agriculture, non-conventional energy research and pollution
control.
Assistance is available from ICICI for financing technology
projects under nine schemes:
- PACT (Programme for Advancement of Commercial Technology)
- PACER (Programme for Acceleration of Commercial Energy
Research)
- SPREAD (Sponsored Research and Development Programme)
- TI (Technology Institutions Programme)
- ACE (Agricultural Commercialisation and Enterprise
Programme)
- TEST (Trade in Environmental Services and Technologies)
- PACT-CRH (PACT-Child and Reproductive Health)
- ESP (Energy Efficiency Support Project)
- CTI (Clean Technology for Industries)
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