<h1>ADB and India Sign $484M Loan to Boost Chennai-Kanyakumari Corridor, Enhance Connectivity and Climate Resilience in Tamil Nadu.</h1> The Asian Development Bank (ADB) and the Government of India have signed a $484 million loan agreement to enhance transport connectivity in the Chennai Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu. This project aims to upgrade approximately 590 km of state highways, improving connectivity between industrial clusters, transport gateways, and consumption centers. It is part of the East Coast Economic Corridor, connecting India to Asian production networks. The initiative focuses on reducing logistics costs, boosting industrial competitiveness, and incorporating climate resilience and road safety measures. The project will also enhance the planning capabilities of Tamil Nadu's Highways and Minor Ports Department.