Credlix Launches India–Mexico Trade Platform for Manufacturers
ECONOMY & POLICY

Credlix Launches India–Mexico Trade Platform for Manufacturers

Credlix, a global fintech platform specialising in cross-border supply chain financing, has launched the India–Mexico Connect initiative to boost bilateral trade. Announced at an event hosted by the Embassy of India in Mexico, the service allows Mexican buyers to source industrial products directly from over 20,000 Indian manufacturers, backed by collateral-free trade financing of up to 90 per cent at the time of shipment.

Introduced at the IndMex Chamber event on 19 June in Mexico City, the launch was attended by H.E. Dr Pankaj Sharma, Ambassador of India to Mexico, and Daniel Becker Feldman, CEO of Banco Mifel. The initiative, supported by the Trade and Commerce Council of India and Mexico (IndMex), marks the first instance of an Indian B2B platform offering integrated sourcing and financing solutions in the Mexican market.

Credlix’s parent company Moglix brings a robust product network spanning automotive parts, engineering goods, chemicals, textiles, bulk packaging, and electronics. The platform combines procurement and invoice-based export financing to reduce sourcing complexity, improve payment security, and enhance capital access for Mexican businesses.

Rahul Garg, Founder & CEO of Moglix and Credlix, said, “As Mexico grows as a nearshoring hub and India strengthens its manufacturing base, this platform bridges supply and capital gaps, reinforcing global value chains.”

Ambassador Sharma highlighted the shift from diplomatic goodwill to actionable trade outcomes, while Becker Feldman noted Mexico’s growing appetite for digital finance and lauded India’s digital infrastructure as a model.

With India–Mexico trade currently at USD 11 billion, far below Mexico’s USD 120 billion trade with China, this move aims to significantly expand trade volumes. Aligned with global trends such as China+1 diversification, nearshoring, and Indo-Pacific economic cooperation, India–Mexico Connect positions India as a credible sourcing partner and Credlix as a fintech enabler of bilateral growth.

Credlix, a global fintech platform specialising in cross-border supply chain financing, has launched the India–Mexico Connect initiative to boost bilateral trade. Announced at an event hosted by the Embassy of India in Mexico, the service allows Mexican buyers to source industrial products directly from over 20,000 Indian manufacturers, backed by collateral-free trade financing of up to 90 per cent at the time of shipment.Introduced at the IndMex Chamber event on 19 June in Mexico City, the launch was attended by H.E. Dr Pankaj Sharma, Ambassador of India to Mexico, and Daniel Becker Feldman, CEO of Banco Mifel. The initiative, supported by the Trade and Commerce Council of India and Mexico (IndMex), marks the first instance of an Indian B2B platform offering integrated sourcing and financing solutions in the Mexican market.Credlix’s parent company Moglix brings a robust product network spanning automotive parts, engineering goods, chemicals, textiles, bulk packaging, and electronics. The platform combines procurement and invoice-based export financing to reduce sourcing complexity, improve payment security, and enhance capital access for Mexican businesses.Rahul Garg, Founder & CEO of Moglix and Credlix, said, “As Mexico grows as a nearshoring hub and India strengthens its manufacturing base, this platform bridges supply and capital gaps, reinforcing global value chains.”Ambassador Sharma highlighted the shift from diplomatic goodwill to actionable trade outcomes, while Becker Feldman noted Mexico’s growing appetite for digital finance and lauded India’s digital infrastructure as a model.With India–Mexico trade currently at USD 11 billion, far below Mexico’s USD 120 billion trade with China, this move aims to significantly expand trade volumes. Aligned with global trends such as China+1 diversification, nearshoring, and Indo-Pacific economic cooperation, India–Mexico Connect positions India as a credible sourcing partner and Credlix as a fintech enabler of bilateral growth.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->