Government of India and Asian Development Bank Sign $250 Million Loan for Industrial Corridor Development

Paving way for Economic Transformation, Job Creation & Empowering India’s Future
Government of India - ADB -Asian Development Bank - TAXSCAN

With a move aimed at boosting the manufacturing sector and fortifying national supply chains, the Government of India and the Asian Development Bank (ADB) has entered into a crucial agreement on December 15, 2023. The $250 million policy-based loan, part of the Industrial Corridor Development Programme’s second sub-programme, seeks to enhance the competitiveness of manufacturing,…

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