Tourism Finance Corporation Of India

Tourism Finance Corporation of India Limited (TFCI) was set up as an All-India Financial Institution based on national recommendations to support the country's tourism sector. The company's vision is to create employment and support sustainable development by enhancing vocational skills, especially for women and young entrepreneurs in the tourism sector. It plays a vital role in developing high-quality tourism infrastructure and has significantly contributed to generating employment through the growth of the tourism industry. While tourism remains its focus, the company is diversifying its lending to other important areas like manufacturing, social infrastructure, and real estate. TFCI provides a wide variety of financial products and services, such as project loans, term loans, corporate loans, and working capital financing. In the 2023-24 fiscal year, TFCI approved new loans and investments worth ₹1454 crore, marking a substantial growth of 94% over the previous year.;