Jindal's power arm lines up $1 billion loan in boost for slow market

Wait 5 sec.

Jindal Power is securing up to $1 billion in offshore loans to fuel its international expansion, a move offering a much-needed boost to India's dollar loan market. The conglomerate has already finalized a $500 million loan and aims to raise the remaining half soon. This significant fundraising comes as Indian firms navigate increasing global trade complexities.