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India Secures $350 Million Loan from ADB

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

India Secures $350 Million Loan from ADB News: India signed a $350 million loan agreement with the Asian Development Bank (ADB) under the SMILE program to enhance multimodal logistics and boost manufacturing. The policy-based loan aims to strengthen supply chain resilience, improve logistics efficiency, and incentivize private sector investment.  It will establish a robust policy…

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