The Asian Development Bank (ADB) and the Government of India on Monday signed a $220 million loan for improving connectivity in Rajasthan building efficient state highways. The loan is the first tranche of the $500 million Rajasthan State Highways Investment Program, approved by ADB Board in May 2017, that will upgrade about 2,000 kilometers of state highways and major district ...

The Asian Development Bank (ADB) and the Government of India signed in New Delhi $375 million in loans and grants to develop 800-kilometer Visakhapatnam-Chennai Industrial Corridor, which is the First Phase of a planned 2,500–kilometer long East Coast Economic Corridor (ECEC). The Corridor is expected to spur development on India’s eastern coast in line with the Government of India’s Make ...