ODA loan for four key infrastructure and development projects across India
The Japan International Cooperation Agency (JICA) signed loan agreements with the Government of India to provide Japanese Official Development Assistance (ODA) loans for four key projects, with exclusive 18,684 million Japanese Yen for the Project for Promoting Sustainable Horticulture in Punjab, India.
The loan agreement was signed in New Delhi between Dr. Alok Tiwari, Joint Secretary, Department of Economic Affairs, Ministry of Finance, Government of India, and Takeuchi Takuro, Chief Representative of JICA India Office.
The projects aim to drive sustainable and inclusive development across key sectors in India, including agriculture, urban mobility, and healthcare. In Punjab, the initiative focuses on building a climate-resilient and environmentally sustainable horticulture value chain by promoting high-value crops, strengthening infrastructure, and enabling Indo–Japan collaboration through innovation, research, and digital platforms to enhance market access.
62,294 million Japanese Yen for the Project for Strengthening Tertiary Healthcare Delivery, Medical Education System and Nursing Education System in Maharashtra (I); 18,684 million Japanese Yen for the Project for Promoting Sustainable Horticulture in Punjab; 102,480 million Japanese Yen for the Bengaluru Metro Rail Project (Phase 3) (I); and 92,400 million Japanese Yen for the Mumbai Metro Line 11 Project. Together, these projects are expected to contribute to economic growth, sustainable cities, and climate action, with implementation led by respective state agencies and completion timelines extending between 2032 and 2034.
The Japan International Cooperation Agency (JICA) aims to contribute to the promotion of international cooperation, as a sole Japanese governmental agency in charge of ODA implementation. JICA is the world’s largest bilateral donor agency. JICA works as a bridge between Japan and emerging countries, and provides assistance in forms of loan, grant and technical cooperation so that the emerging countries can strengthen their capabilities.
