The Asian Development Bank (ADB) has committed up to USD 10 billion for India’s urban transformation, including metro extension in the next five years. The plan includes sovereign loans, private sector financing and third-party capital. The initiative is anchored by India’s flagship Urban Challenge Fund (UCF), which ADB is supporting to attract private investment for urban infrastructure.
On urban transport, over the past decade, ADB has committed USD 4 billion for metro projects and RRTS covering 300 kilometres in eight cities, including the Delhi-Meerut RRTS, Mumbai, Nagpur, Chennai and Bengaluru Metros, cutting congestion and emissions while widening access for vulnerable populations, including people with disabilities.
