New Delhi, June 2 -- Prime Minister Narendra Modi met Asian Development Bank (ADB) President Masato Kanda and said his government was working to add further momentum to India's rapid transformation over the last decade.

In his social media, Kanda said his organisation is supporting India's ambition of a 'Viksit Bharat' by 2047, describing it as a bold vision.

"We will direct $10 billion, including third-party capital, over the next five years into municipal infrastructure development, extending metro networks, building new Regional Rapid Transit System corridors, and modernising city services," he said.

India, a founding ADB member since 1966 and its largest borrower, is a steadfast partner, Kanda noted.

He added, "By scaling up public ...