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Asian Development Bank approves $350mn loan to enhance India’s logistics sector

ADB approves $350mn loan to enhance India’s logistics sector

9 Dec 2024 1:00 PM IST
Loan will finance the second subprogramme of the Strengthening Multimodal and Integrated Logistics Ecosystem Programme.
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Overall the project will upgrade two major district roads and 11 state highways, with a combined length of 450 km, to two-lane standard across seven districts of Maharashtra.

India signs $177 mn loan deal with ADB to improve roads in Maharashtra

30 May 2020 9:58 AM IST
May 30, 2020: The Asian Development Bank (ADB) and the Government of India signed a $177 million loan deal to upgrade 450 kilometres (km) of state...
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The brief named %u2018The Economic Impact of the COVID-19 Outbreak on Developing Asia%u2019 also reported that transport services in the country will lose up to Rs 14.28 thousand crore in the same scenario.

India’s GDP may shrink by Rs 2 lakh crore in case of major coronavirus outbreak, says ADB

7 March 2020 12:10 PM IST
March 7, 2020: In a brief on the impact of novel coronavirus on Asian economies released by Asian Development Bank (ADB) on Friday had estimated that...
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Port Pipavav

FROM MAGAZINE: Multimodal logistics ready to roll

16 Nov 2018 3:34 PM IST
The economic growth in India has increased the demand for practically all transport services and further underlines the importance of efficient...
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