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Weak Global Demand, Geopolitical Tensions Could Hurt The Economy: ADB India Head

New Delhi: India s economic performance remains robust, but weak demand in advanced economies could hit export growth, while disruptions to oil sup

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ADB commits USD 2.6 billion in sovereign lending to India

ADB commits USD 2.6 billion in sovereign lending to India
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ADB Commits $2.6 Billion in Sovereign Lending to India

ADB Commits $2.6 Billion in Sovereign Lending to India
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Asian Development Bank Commits $2.6 Billion In Sovereign Lending To India

ADB also extended USD 23.53 million in technical assistance and USD 4.1 million in grants under the sovereign portfolio.

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ADB's $2.6 Billion Boost: Driving India's Urban and Industrial Transformation

In 2023, the Asian Development Bank (ADB) committed USD 2.6 billion in sovereign lending to India to support urban development, industrial corridors, power sector reforms, and climate resilience. Additionally, ADB provided technical assistance and grants, focusing on infrastructure, green growth, and inclusive economic transformation.

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