Asian Development Bank (ADB) President Haruhiko Kuroda feels infrastructure development in India could increase the rate of gross domestic product (GDP) growth rate from the current level of 8-9% to about 10-11%, as seen in the case of China, provided the public-private partnership route is used to mobilise resources.Kuroda met a delegation of Indian companies led by Vinayak Chatterjee, co-chairman, Confederation of Indian Industry- Infrastructure Council and chairman, Feedback Ventures, today.Arvind Mayaram, joint secretary, Ministry of Finance, who was also present at the meeting, said that the involvement of ADB in financing private sector projects in infrastructure would deepen the appraisal capacity of Indian financial institutions.
