India remains the largest market for ADB’s private sector operations, with the multilateral lender expecting to provide about $1 billion in direct financing this year for projects aligned with the country’s development priorities, according to PTI.The planned support comes after a year in which the ADB channeled more than $2 billion to India’s private sector through a mix of direct financing and mobilized funds.“Last year, we provided more than $4 billion to the sovereign sector and more than $1 billion to the private sector from our own capital,” ADB Vice President (Market Solutions) Bhargav Dasgupta told PTI.“In addition, we mobilized a similar amount for them from other sources,” he said.
In fact, the flow will reach $2 billion to the private sectors through the Asian Development Bank in 2025.Asked about plans for 2026, Dasgupta said: “We will maintain the pace on the private sector side.”He said the ADB will continue to finance sectors such as renewable and clean energy, green hydrogen, e-mobility and green data centres.The Manila-based bank also focuses on urban infrastructure development, sustainable agriculture and financial inclusion.
“This is completely in line with what the Government of India wants because our country partnership agenda has been jointly developed with the government,” he said.Dasgupta also said that trade and supply chain finance activity has risen sharply this year, with a 40% jump recorded in the first four months of 2026 due to the West Asia crisis.He said trade and supply chain finance supports the import of fertilisers, energy and food, which are critical for many countries.Last month, the Asian Development Bank and Standard Chartered Bank signed agreements to enhance supply chain financing in India through risk-sharing arrangements covering US dollar and rupee transactions.The agreements include a risk sharing arrangement structured through Gujarat International Finance Tech City (GIFT City) to support US dollar denominated transactions, and a partial collateral facility agreement to support onshore rupee transactions.A key feature of the partnership is its focus on emerging sectors that are underserved by supply chain finance, especially distributor finance. This collaboration represents ADB’s first engagement in this area within the Indian market.