The other AIIB major Infra projects for India included $335 million for Bangalore metro, $400 million for Andhra Pradesh Urban Water project, $105 million for Kerala Solid Waste Management, $125 million for Resilient Kerala, $500 million for Mumbai Urban Transport Project-3 and $500 million for Delhi-Meerut Rapid Transport system.
The Chennai Metro project is aligned with AIIB's mandate to support high-quality and sustainable infrastructure. The energy and transport sectors have received the highest amount of financing from the AIIB. After China, India is the second-largest shareholder of the bank and is also its largest beneficiary in terms of getting approvals for many projects. Besides funding various infra projects, the bank also granted $1.75 billion to India for COVID-19 relief budget support, which included help for social protection and assistance to Micro, Small, and Medium Enterprises (MSMEs).
