Indian Economy News

India Remains ADB’s Largest Private Sector Market; Lender Eyes US$ 1 Billion Direct Support in 2026

  • IBEF
  • June 22, 2026

India continues to be the largest market for the Asian Development Bank’s (ADB) private sector operations, with the multilateral lender planning to provide around Rs. 9,436 crore (US$ 1 billion) in direct financing during 2026 to support projects aligned with the country’s development priorities. According to ADB Vice-President (Market Solutions) Mr. Bhargav Dasgupta, the institution intends to maintain the momentum achieved in 2025, when it committed more than Rs. 37,744 crore (US$ 4 billion) in sovereign financing and over Rs. 9,436 crore (US$ 1 billion) in private sector funding from its own capital. In addition, ADB mobilised an equivalent amount from external sources, resulting in total private sector financing flows of approximately Rs. 18,872 crore (US$ 2 billion). The continued focus on India reflects the country's importance within ADB’s regional portfolio and its growing role in driving sustainable economic growth and infrastructure development.

ADB’s private sector investments in India are expected to focus on priority areas such as renewable energy, green hydrogen, electric mobility, sustainable infrastructure and green data centres. The lender has identified these sectors as critical for supporting India’s climate transition, energy security and long-term economic competitiveness. India is also a major recipient of ADB support across public sector projects, with the institution continuing to back initiatives in clean energy, urban development, logistics, transport and skills development. The planned financing is expected to help mobilise additional private capital, strengthen sustainable infrastructure and accelerate the adoption of green technologies across the economy. The growing partnership between India and ADB underscores increasing international confidence in the country’s development trajectory and its potential to drive inclusive and climate-resilient growth.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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