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India’s development partnership assistance, extended to countries through concessional loans, has more than doubled in the past five years as the world’s fastest-growing major economy attempts to sustain its influence in Asia, Africa and Latin America amid growing Chinese presence in these regions. India extended 278 lines of credit totalling about $28 billion to 63 countries most of them in Africa and Asia during 2018-19, according to data from the foreign ministry. This is a sharp increase from 195 lines of credit worth $11 billion in 2013-14. Lines of credit are loans extended to foreign governments at concessional rates from money borrowed at market rates by India’s EXIM Bank from the international market.