<h1>India Leads AIIB Borrowing with $4.4 Billion Portfolio; Mumbai Hosts Third Annual Meeting on Infrastructure Innovation.</h1> India is the largest borrower from the Asian Infrastructure Investment Bank (AIIB), with a project portfolio totaling $4.4 billion. The AIIB, unique among multilateral development banks, is primarily funded by its borrowing members. The third Annual Meeting, held in Mumbai, focuses on infrastructure with an emphasis on innovation and collaboration. The event, attended by 86 member countries, includes discussions on financing strategies. The AIIB prioritizes sustainability and environmental standards in its projects. While predominantly funded by Asian capital, the bank includes members from Europe, North America, and other regions. The meeting is hosted by the Indian government and the state of Maharashtra.