The World Bank has approved a $320 million loan to India, designed to improve quality, capacity and safety of roads in the state of Andhra Pradesh.

The loan from the International Bank for Reconstruction and Development (IBRD) with a maturity of 30 years, including a grace period of 5.5 years. It would help finance the Andhra Pradesh Road Sector Project designed to upgrade about 429 km of priority state highways and finance long-term maintenance of over 6,000 km of the state's core road network.