New Delhi: In continuation to the ECB Roadshows, a team of senior delegation from Indian Railway Finance Corporation (IRFC) led by Executive Director(HR) Manish Chandra, Chief General Manager (Admin) Shwet Ketu Mishra and General Manager (Finance) Nav Goel successfully concluded a two-day ECB (External Commercial Borrowing) roadshow in Taipei, Taiwan on 10th March 2026 and Hong Kong on 11th March 2026. The visit was aimed at enhancing the access to diversified pools of global capital required for funding the infrastructure growth story of the country through IRFC, which under its 2.0 version has diversified into funding the infrastructure projects having forward and backward linkages with the Railways.
The visit comprised one-on-one meetings with potential investors in Asia Pacific region having presence in Taipei and Hong Kong. These roadshows are also part of the Company’s strategy to broaden the lender base and mobilising long-term funds at competitive rates and favourable terms, while strategically diversifying IRFC’s currency profile.
During the interactions, the delegation highlighted IRFC’s foray into funding the entire railway ecosystem of India following a whole of government approach. It was impressed upon these prospective investors, with its strong sovereign linkages, NIL NPA status, low operating costs and consistent good track record, IRFC is poised in financing the India’s railway infrastructure expansion in the most competitive manner. Investors shown keen interest into the IRFC’s recent diversification initiatives into high-quality PSU and infrastructure exposures beyond the Ministry of Railways.
Investors expressed their satisfaction in IRFC’s plan for expansion of its customer base through the current diversification strategy which includes funding for dedicated freight corridors, Metro Rails, Ports etc while balancing the same with strong MoR linkages.
The roadshow was conducted with the support of Mandated Lead Arrangers (MLAs), Sumitomo Mitsui Banking Corporation (SMBC) and Mitsubishi UFJ Trust and Banking Corporation (MUFG), who facilitated structured investor engagements across the Taipei and Hong Kong market.
Potential lenders keenly participated and enquired on various aspects of IRFC and they assured to support IRFC future ECB borrowings and reposed confidence in IRFC’s credit profile and business strategy. The successful completion of the Hong Kong and Taiwan roadshow further strengthens IRFC’s presence within the two countries & regional investor base and is expected to support the corporation’s objective of securing cost-effective, diversified funding lines to meet its financing requirements for future growth.







