Indorama India Secures ~INR 670 Cr Sustainability-Linked Trade Facility from DBS Bank India

DBS Bank India has extended its largest single-ticket Sustainability-Linked Trade Facility (SLTF) of ~INR 670 Crs to Indorama India Private Ltd. (IIPL), a wholly owned subsidiary of Indorama Corporation.

The sustainability-linked facility links trade finance with predefined environmental performance targets, allowing Indorama India to access capital as it advances reductions in energy, water use, and emissions intensity across its manufacturing operations.

“This facility by DBS Bank India strengthens our liquidity position while reinforcing our approach to integrating sustainability into our financial and operational strategy,” said Mr. Manish Kumar Agarwal, CFO, Indorama India.

“This mandate reflects our ability to deliver complex, cross-border solutions and support clients as they integrate sustainability into their growth plans,” said Mr. Divyesh Dalal, Managing Director and Country Head – Global Transaction Services, Corporate Banking – Financial Institutions and SMEs, DBS Bank India.

This partnership with DBS reflects our continued commitment to integrating sustainability into our financial strategy and operations. It also reinforces our dedication to ESG principles, aligning our business growth with responsible practices.