India Secures $350 Million Loan from ADB to Boost Manufacturing Sector Expansion

It will establish a robust policy framework for multimodal logistics infrastructure at national, state, and city levels, standardize warehousing, and adopt smart, low-emission systems. The collaboration also focuses on reducing trade logistics costs, improving efficiency, and creating employment opportunities while promoting gender inclusion. This initiative underscores India and ADB’s shared commitment to transforming the logistics sector, driving sustainable economic growth, and enhancing the global competitiveness of India’s manufacturing industry.