Asian Development Bank is going to make huge investment in India.
In this period of crisis, even though all the countries of the world are worried about the growth of the economy, the confidence of all the lenders of the world is still intact on the Indian economy. The latest example of this was seen recently. According to the report, India remains the largest market for private sector operations of Asian Development Bank (ADB). This multilateral lender can provide direct financing of about $ 1 billion this year to support projects related to the country’s growth targets.
Asian Development Bank (ADB) Vice-President (Market Solutions) Bhargav Dasgupta said that last year, we funded more than US $ 4 billion for the public sector and more than US $ 1 billion for the private sector with our capital. Apart from this, he said that we raised the same amount for them from other sources also. In fact, in 2025, the private sector will get funds worth US $ 2 billion through ADB. When asked about this year’s plan, Dasgupta said that we will maintain the same pace in the case of private sector.
There will be investment in these sectors
Talking about the main areas of private sector financing, he said that renewable and clean energy, green hydrogen, e-mobility and green data centers are some of the areas that ADB will continue to finance. Other focus areas of this Manila-based multilateral funding agency include urban infrastructure development, sustainable agriculture and financial inclusion. He said that this is completely in line with the wishes of the Government of India because our country’s partnership agenda has been prepared in collaboration with the government. On trade and supply chain financing, Dasgupta said that due to the West Asia crisis, it has increased by 40 percent in the first four months of 2026. He said that trade and supply chain financing is helping in the import of fertilizers, energy and food items, which are very important for many countries.
The agreement was signed last month
Last month, ADB and Standard Chartered Bank signed an agreement to strengthen supply chain finance in India. This includes a risk-sharing arrangement for both US dollar and rupee transactions. These agreements include a risk participation arrangement created through Gujarat International Finance Tech-City (GIFT City) to support US dollar transactions and a partial guarantee facility agreement to support onshore rupee transactions. A key feature of this partnership is the focus on emerging and underserved areas of supply chain finance, especially distributor financing. This cooperation is ADB’s first initiative in this market.
