The Housing and Urban Development Corporation Ltd. (HUDCO) has signed a non-binding Memorandum of Understanding (MoU) with the IDFC Foundation to collaborate on capacity development initiatives for India’s urban sector. The MoU, signed on November 21, 2025, is valid for three years and aims to enhance technical, financial, and leadership capacities across institutions involved in urban development. This partnership aligns with national efforts to support and streamline the implementation of key urban programs and schemes.
The collaboration will contribute to HUDCO’s Urban Invest Window (UiWIN), a platform designed to facilitate investment and support sustainable solutions in the urban sector. The MoU outlines a framework for both organizations to work together on various initiatives, including training programs, research collaborations, advisory services, and targeted capacity-building efforts. These activities will engage a broad spectrum of stakeholders, such as central and state government bodies, urban local bodies, academic and training institutions, private sector partners, and civil society organizations.
By fostering cooperation between these groups, the partnership aims to create more resilient, inclusive, and well-governed urban environments across the country. The MoU was signed by M. Nagaraj, Director (Corporate Planning) at HUDCO, and Mr. Eby Thomas, Managing Director of IDFC Foundation, who both emphasized the potential of this collaboration in strengthening institutional capabilities and guiding India toward a more sustainable urban development trajectory.
HUDCO is a Government of India public sector undertaking under the Ministry of Housing and Urban Affairs, established to promote sustainable habitat development. The organization provides financial assistance, consultancy services, and capacity-building support across the housing and urban infrastructure sectors. With this partnership, HUDCO and IDFC Foundation aim to support national urban development goals and enable inclusive growth across Indian cities and towns.
The partnership is expected to have a significant impact on India’s urban sector, with a focus on creating sustainable and resilient urban environments. The collaboration will also contribute to the development of UiWIN, which aims to facilitate investment and support sustainable solutions in the urban sector. Overall, the MoU between HUDCO and IDFC Foundation is a significant step towards strengthening India’s urban sector and promoting sustainable development.