The Asian Infrastructure Investment Bank (AIIB), headquartered in Beijing with India as its second-largest shareholder, is ramping up engagement with Central and state governments as well as the private sector to expand infrastructure financing in India. AIIB Vice President Ajay Bhushan Pandey, during his visit on July 29, 2025, announced plans to raise annual funding from ₹83,000 crore (USD 10 billion) to over ₹1.4 lakh crore (USD 17 billion) in the coming years.
The bank is diversifying its portfolio beyond traditional infrastructure, with investments now covering digital public infrastructure, data centres, telecommunications, affordable housing, healthcare, and education.
India has so far secured ₹99,600 crore (USD 12 billion) in AIIB financing, including ₹14,940 crore (USD 1.8 billion) for private sector-led projects. Pandey held meetings with the Department of Economic Affairs and Ministry of Water Resources to explore support for river interlinking, dam rehabilitation, and the Namami Gange mission. Additional discussions are scheduled with the Ministries of Health and Power, as well as with the Maharashtra state government.
With a global loan book of ₹4.98 lakh crore and 110 member countries, AIIB is aligning its investments with climate-resilient and low-carbon development goals, reinforcing its commitment to sustainable infrastructure across emerging economies.
News by Rahul Yelligetti.