India’s cofinancing partnership with ADB is through the Export-Import Bank of India (India EXIM Bank) via the Asian EXIM Banks Forum (AEBF), where India EXIM Bank has been a regular member since 1996. ADB-sponsored training programs for AEBF members and observers in India were hosted by the India EXIM Bank, including Country Risk Analysis (2011), Overseas Investment Finance (2012), Accessing Capital Markets (2013), Infrastructure Financing (2016), and Buyer’s Credit (2017).
Government-owned India EXIM Bank, established in 1982, is designed to finance, facilitate, and promote India’s foreign trade. The bank has been both a catalyst and a player in promoting cross-border trade and investment and in partnering with Indian industries.
India is a founding member of ADB and, since 1966, has contributed $127.6 million to ADB special funds. Of this commitment, $104.7 million is for the Asian Development Fund (ADF). The ADF provides grants to ADB’s low-income, developing member countries to help reduce poverty and improve quality of life.
11 December 2024
ADB and India’s National Bank for Financing Infrastructure Development signed a letter of intent to enhance their collaboration in financing the country’s infrastructure sector.
25 September 2024
ADB forecasts that India’s economic growth will remain robust, with gross domestic product expected to increase by 7.0% in fiscal year (FY) 2024 (ending 31 March 2025) and 7.2% in FY2025.
3 May 2024
Donors and ADB have agreed to a replenishment of $5 billion for ADB’s Asian Development Fund 14 and Technical Assistance Special Fund 8. The commitment was made during ADB’s 57th Annual Meeting.
This working paper presents five case studies of urban redevelopment strategies adopted in India, outlines the lessons learned, and provides larger recommendations for the region.
ADB and India collaborated on several knowledge products and/or events including the following:
This publication presents 100 case studies and suggests approaches for implementing ADB’s procurement procedures.
This presentation gives an overview of the financing programs of Export-Import Bank of India, their lending activities, and growth in export financing.
This event is designed to provide learning opportunities on digital technologies that are being brought to the forefront of ADB’s operations, investments, and work.
India contributes to ADB’s development initiatives through two key avenues: Cofinancing and Special Funds.
Over the last 5 years, there are no project-specific cofinancing and trust funds contribution.
India’s contribution to ADB’s Special Funds are as follows: Asian Development Fund ($104.7 million); and Technical Assistance Special Fund ($22.9 million).
Nonsovereign Cofinancing. The Trade and Supply Chain Finance Program (TSCFP) supported over 910 transactions valued at $1.2 billion with banks domiciled in India from 2009 to 2024. During the same period, the TSCFP supported over 5,640 Indian exports and/or imports valued at $1.6 billion. In 2024 alone, the TSCFP supported 59 transactions valued at $53.1 million with banks domiciled in India and supported 848 Indian exports and/or imports valued at $117.8 million. Exports and/or imports were mainly to/from Bangladesh, Viet Nam, and Sri Lanka. Underlying goods involved mostly textiles and apparel, raw and non-energy commodities, as well as food and agriculture-related goods.
