![India-China Economic Collaboration: NDB Commits $500M for Gujarat’s Infrastructure "India China economic collaboration"](https://edunovations.com/currentaffairs/wp-content/uploads/2024/01/India-China-economic-collaboration-600x400.webp)
India-China Economic Collaboration: NDB Commits $500M for Gujarat’s Infrastructure
Shanghai’s NDB Commits $500 Million Loan for Gujarat’s Infrastructure Development China’s New Development Bank (NDB) has recently pledged a substantial $500 million loan to support Gujarat’s infrastructure development projects. This move signifies a significant collaboration between India and China in the realm of economic development. The financial injection is expected to have far-reaching implications, particularly…