India and ADB

In the Spotlight

News from Country Offices

ADB Invests $35 Million in Multiples III to Provide Growth Capital to Mid-Market Companies in India

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).

News from Country Offices

ADB, India Sign $300 Million Loan to Support India Infrastructure Finance Company Limited

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).

News Release

Domestic Demand to Lift India's Growth in 2019 and 2020 — ADB

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.

Publication

India: Development Effectiveness Brief

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.

Data: India ADB and India: Fact Sheet

Economic Forecast

With GDP growth weakening considerably in the first quarter (Q1) of fiscal year 2019 (FY2019, ending 31 March 2020), slower growth at 6.5% is now forecast for this year. Proactive policy interventions should foster recovery into FY2020, with growth expected to rise to 7.2%, only marginally lower than forecast in ADO 2019. A slowing economy, benign food inflation, and declining oil prices motivate reductions to inflation forecasts, even as monetary policy loosens. The current account forecast is revised for a narrower deficit in FY2019 than projected in April, reflecting weaker aggregate demand and lower oil prices, but, with GDP growth expected to revive, the forecast is retained for a wider deficit in FY2020.

Poverty in India

Development indicators for India, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.

Results of ADB-Supported Operations, 2010-2018

Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.

Projects Cofinanced, 2014-2018

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.

India: Cofinancing