MONEY
ADB targets $1 billion in funding to private sector businesses in India in 2026
- IBJ Bureau
- Jun 22, 2026
Asian Development Bank (ADB) is looking to provide about $1 billion in direct financing to support private sector operations in India this year.
“Last year, we did more than $4 billion for sovereign and more than $1 billion for the private sector from our own capital,” ADB Vice-President (Market Solutions) Bhargav Dasgupta has told the PTI in an interaction.
“Besides, we mobilised an equal amount for them from other sources. In effect, the flow was $2 billion to private sectors through the ADB in 2025,” Mr Dasgupta has said.
The ADB’s focus areas of funding are in the private sector are renewal and clean energy, green hydrogen, e-mobility and green data centres.
The other areas that the Manila, Philippines-based multilateral funding agency is focusing on include urban infrastructure development, sustainable agriculture and financial inclusion.
“This is in complete alignment with what the Government of India wants because our country partnership agenda is co-created with the government,” Mr Dasgupta adds.
Mr Dasgupta points out that there has been a 40 per cent jump in trade and supply chain financing in the first four months of 2026 due to the West Asia crisis.
Trade and supply chain financing are supporting the import of fertilisers and energy and food, which are absolutely critical for many countries, he adds.
Last month, the ADB and Standard Chartered Bank had signed agreements to strengthen supply chain financing in India through risk-sharing arrangements covering both US dollar and rupee transactions.
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