AIIB Plans To Boost India Funding To $17 Billion Annually
ECONOMY & POLICY

AIIB Plans To Boost India Funding To $17 Billion Annually

Beijing-based Asian Infrastructure Investment Bank (AIIB), in which India holds the second-largest share after China, is in talks with Central and state governments as well as Indian industry to finance a robust pipeline of sovereign and private sector projects, AIIB Vice President Ajay Bhushan Pandey said on Tuesday.
The multilateral lender aims to increase its annual project financing from around $10 billion last fiscal year to $17 billion in the coming years.
On a visit to India, Pandey noted that the bank is expanding beyond traditional infrastructure and is now funding digital public infrastructure, data centres, communication, affordable housing, healthcare, and education.
So far, AIIB has deployed $12 billion in India, with Rs 1.8 billion invested in the private sector. The bank’s overall loan book stands at approximately $60 billion and is poised to grow further.
“We will closely engage with the Government of India, state governments and private players,” said Pandey, who previously served as India’s Finance Secretary and Chairperson of the National Financial Reporting Authority.
He stated that the AIIB is committed to building a strong pipeline of sovereign projects in collaboration with all relevant ministries and will also partner with the private sector to explore financing through various available mechanisms.
“Our message to Central and state ministries is clear—this is your bank, and you must optimally utilise the resources it offers,” Pandey added.
He shared that detailed meetings had taken place with the Department of Economic Affairs and the Department of Water Resources, River Development and Ganga Rejuvenation to explore support for dam revival, the Namami Gange programme, and river interlinking projects. Further talks are scheduled with ministries of health and power, as well as Maharashtra’s chief minister and officials, to shape a comprehensive infrastructure project pipeline.
Alongside China and India, the bank’s major shareholders include Russia, Germany and South Korea. With 110 member nations, the AIIB is expanding its role in development finance, particularly as emerging economies face pressing infrastructure and climate-related investment needs.
According to a recent Deloitte India report, titled The Climate Response: Tapping into India’s Climate and Energy Transition Opportunity, India will need around $1.5 trillion in investment by 2030 to address climate change. This funding would target renewable energy, biofuels, decarbonisation, and sustainable infrastructure.
India has committed to achieving net zero emissions by 2070. 

Beijing-based Asian Infrastructure Investment Bank (AIIB), in which India holds the second-largest share after China, is in talks with Central and state governments as well as Indian industry to finance a robust pipeline of sovereign and private sector projects, AIIB Vice President Ajay Bhushan Pandey said on Tuesday.The multilateral lender aims to increase its annual project financing from around $10 billion last fiscal year to $17 billion in the coming years.On a visit to India, Pandey noted that the bank is expanding beyond traditional infrastructure and is now funding digital public infrastructure, data centres, communication, affordable housing, healthcare, and education.So far, AIIB has deployed $12 billion in India, with Rs 1.8 billion invested in the private sector. The bank’s overall loan book stands at approximately $60 billion and is poised to grow further.“We will closely engage with the Government of India, state governments and private players,” said Pandey, who previously served as India’s Finance Secretary and Chairperson of the National Financial Reporting Authority.He stated that the AIIB is committed to building a strong pipeline of sovereign projects in collaboration with all relevant ministries and will also partner with the private sector to explore financing through various available mechanisms.“Our message to Central and state ministries is clear—this is your bank, and you must optimally utilise the resources it offers,” Pandey added.He shared that detailed meetings had taken place with the Department of Economic Affairs and the Department of Water Resources, River Development and Ganga Rejuvenation to explore support for dam revival, the Namami Gange programme, and river interlinking projects. Further talks are scheduled with ministries of health and power, as well as Maharashtra’s chief minister and officials, to shape a comprehensive infrastructure project pipeline.Alongside China and India, the bank’s major shareholders include Russia, Germany and South Korea. With 110 member nations, the AIIB is expanding its role in development finance, particularly as emerging economies face pressing infrastructure and climate-related investment needs.According to a recent Deloitte India report, titled The Climate Response: Tapping into India’s Climate and Energy Transition Opportunity, India will need around $1.5 trillion in investment by 2030 to address climate change. This funding would target renewable energy, biofuels, decarbonisation, and sustainable infrastructure.India has committed to achieving net zero emissions by 2070. 

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Next Story
Technology

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?