In the Spotlight
ADB Signs $131 Million Loan to Support the Jawaharlal Nehru Port Container Terminal Upgrade, Enhance International Trade
NEW DELHI, INDIA (23 January 2023) — The Asian Development Bank (ADB) and Nhava Sheva Freeport Terminal Private Limited (NSFTPL) signed a $131 million loan to upgrade the Jawaharlal Nehru Port Container Terminal located in Navi Mumbai Maharashtra to enhance international trade in India through efficient, transparent, and state-of-the-art logistics infrastructure.
Mumbai metro is transforming the city’s public transport by ensuring a safe, efficient, and comfortable commute for hundreds of thousands of passengers every day. ADB is helping expand the metro network in Mumbai with a $926 million loan to help operationalize 58 km of the metro network.
This working paper identifies challenges hindering international trade with northeast India and proposes measures for improving trade with other countries in South and Southeast Asia.
This guidebook analyzes India’s plans to use rooftop solar power to boost its renewable energy, explains the benefits it offers, and details why new business models and market mechanisms would drive greater adoption.