ADB Approves $85.4 Million Loan to Boost Industrial Growth in Tripura
India, April 7 -- The Asian Development Bank (ADB) has approved an $85.4 million loan to improve critical industrial infrastructure in Tripura to boost competitiveness in the manufacturing sector, promote job creation, and facilitate integration into regional and global value chains.The Tripura Industrial Infrastructure Development Project builds on ADB's previous work in India on economic and industrial corridor development. ADB provided a project readiness financing loan to the state government that laid the groundwork for building integrated, inclusive, and sustainable infrastructure in the state's nine industrial estates covered under the project. Additionally, ADB's technical assistance was aimed at enhancing the business environment, ...
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