India's Export Credit Guarantee Scheme Expanded
PORTS & SHIPPING

India's Export Credit Guarantee Scheme Expanded

The Indian government has announced the expansion of the Export Credit Guarantee Scheme, aiming to provide a significant boost to the country's export sector. This move reflects the administration's commitment to supporting and promoting Indian businesses in the global market.

The enhanced Export Credit Guarantee Scheme is designed to offer comprehensive coverage and financial assistance to exporters, mitigating risks and fostering a conducive environment for trade. The expansion aligns with the government's broader economic strategy, focusing on strengthening the export ecosystem and driving economic growth.

By broadening the scope of the scheme, the government seeks to empower exporters across various sectors, facilitating their participation in international trade. This strategic initiative is expected to contribute to India's economic resilience and competitiveness on the global stage.

As India navigates the challenges and opportunities in the international trade landscape, the expanded Export Credit Guarantee Scheme emerges as a crucial tool to empower exporters, promote sustainable trade practices, and bolster the nation's position in the global marketplace.

The Indian government has announced the expansion of the Export Credit Guarantee Scheme, aiming to provide a significant boost to the country's export sector. This move reflects the administration's commitment to supporting and promoting Indian businesses in the global market. The enhanced Export Credit Guarantee Scheme is designed to offer comprehensive coverage and financial assistance to exporters, mitigating risks and fostering a conducive environment for trade. The expansion aligns with the government's broader economic strategy, focusing on strengthening the export ecosystem and driving economic growth. By broadening the scope of the scheme, the government seeks to empower exporters across various sectors, facilitating their participation in international trade. This strategic initiative is expected to contribute to India's economic resilience and competitiveness on the global stage. As India navigates the challenges and opportunities in the international trade landscape, the expanded Export Credit Guarantee Scheme emerges as a crucial tool to empower exporters, promote sustainable trade practices, and bolster the nation's position in the global marketplace.

Next Story
Infrastructure Urban

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App