In the Spotlight
ADB signed an agreement to invest $35 million in equity into Multiples Private Equity Fund III (MPEF III), an India-focused private equity fund managed by Multiples Alternate Asset Management Private Limited (Multiples).
The Asian Development Bank and the Government of India signed a $300 million loan agreement to support lending by India Infrastructure Finance Company Limited (IIFCL).
Recent policy measures by the government to improve the investment climate and boost private consumption and investment will help India to lift economic growth in the next two fiscal years, according to a new report from ADB.
This publication examines how ADB's operations have improved people's lives in India and looks at the partnership’s challenges in pursuing agreed development goals.