IL&FS Full Form: Infrastructure Leasing & Financial Services
What Is The Full Form Of IL&FS
IL and FS stands for Infrastructure Leasing and Financial Services. It is a major infrastructure development and finance company in India. It aims to play the main role
Growth of the country by developing new world-class infrastructure and providing value-added financial services. It was founded in 1987, promoted by
Central Bank of India (CBI), Housing Development Finance Corporation Limited (HDFC) and Unit Trust of India (UTI). As of October 2017, Ravi Parthasarathy is President of IL&FS.
As of 2011, there are around 250 group companies to provide services in various sectors. Some of these sectors and related companies are as follows:
IL&FS Infrastructure Services:
- IL&FS Infrastructure Development Corporation Limited
- IL&FS Transportation Network Limited: Responsible for development and implementation of surface transport projects such as highways, flyovers, bridges etc.
- IL&FS Environmental Infrastructure & Services Limited
- IL&FS Education and Technology Services Ltd. For development of educational infrastructure
- Noida Toll Bridge Company Limited (an SPV set up to construct, develop, operate and maintain the DND flyway connecting Noida to Delhi.
IL&FS Financial Services:
- IL&FS Financial Services Limited: Investment Banking Branch of IL&FS
- IL & FS Investment Manager Ltd
- ORIX Auto Infrastructure Services Ltd
- IL&FS Trust Company Limited (ITCL)
IL and FS Technology Services:
- IL&FS Technology Limited
IL and FS Projects
IL&FS has completed various projects in various fields such as transport, e-governance, electricity, finance, water, education, urban infrastructure etc. Popular projects are as follows:
- Helped to implement the world’s largest CDM power project in the North East.
- India’s first large-scale PPP water supply project and the world’s largest ZLD system.
- K-Yan: A portable multimedia device to facilitate community-learning, especially in rural India.
- India’s longest and safest road tunnel along the Jammu-Srinagar highway.
- Helped to restore the 300 year old Jal Mahal (Jal Mahal) in Rajasthan.
IL & FS CSR
- Medical care in Cuddalore through Static Clinic and Mobile Medical Unit.
- Provides industrial sewing training to women.
- To help women farmers in Jammu and Kashmir through improved seeds, playhouses, drip irrigation system etc.
- Support hill agriculture through modern techniques like drip irrigation, vermicomposting, tray nursery and plastic mulching.
- Installed solar lights in Himalayan villages in the catchment areas of their projects.
- Launched Digital Digital Project for students from rural communities. The catchment areas of its project to bridge the digital gap between rural and urban students.
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