May 25, 2023 7:43 PM

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Andhra Pradesh: ADB, India sign 141.12 million US dollar loan for development of infrastructure in industrial sector

<span style="color: #222222;">The Asian Development Bank and the Government have signed a 141.12 million US dollar loan for the development of infrastructure in three industrial clusters situated in Andhra Pradesh. This financing is the second tranche of the 500 million multi-tranche financing facility. This will help the State in promoting industrialization to increase the share of manufacturing in the state's gross domestic product, build competitiveness and create jobs in the project's target areas.</span><br />

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