The Asian Infrastructure Investment Bank (AIIB), based in Beijing with India as its second-largest shareholder after China, is engaging with India's Central and state governments as well as private industry to scale up infrastructure investments, said AIIB Vice President Ajay Bhushan Pandey on 29 Juy, 2025.
AIIB aims to increase annual project financing from Rs 83,000 crore (USD 10 billion) to over Rs 1.4 lakh crore (USD 17 billion) in the coming years. On a visit to India, VP Pandey stated that AIIB is actively financing not just traditional infrastructure but also digital public infrastructure, data centres, communications, affordable housing, healthcare, and education.
India has already received Rs 99,600 crore (USD 12 billion) in AIIB funding, including Rs 14,940 crore (USD 1.8 billion) for private sector projects. Meetings with the Department of Economic Affairs and Water Resources focused on river interlinking, dam revival, and the Namami Gange project. Further discussions are planned with health and power ministries and Maharashtra’s leadership. With a Rs 4.98 lakh crore loan book and 110 member nations, AIIB is aligning its funding to support climate-resilient and low-carbon development across emerging economies.