India's Export Credit Guarantee Scheme Expanded

23 Feb 2024 CW Team

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.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..