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 Urban

30 May 2026

Dreamfly Named Among 100 Desi Deeptechs

Dreamfly Innovations has been recognised among the ‘100 Desi Deeptechs’, an initiative by Startup Policy Forum in collaboration with MeitY Startup Hub, Startup India and Indian Institute of Technology Madras. The initiative highlights founders and companies building core technologies critical to India’s long-term growth and self-reliance.The cohort includes startups working across drones and aerospace, defence technology, cleantech, robotics, semiconductors, advanced manufacturing and electric mobility. It aims to bring deeptech founders and policymakers together to strengthen India’s ..

Vedanta Secures AA+ Rating from ICRA

Vedanta Group has received its highest domestic credit rating in over a decade after ICRA upgraded the long-term ratings of Vedanta Limited and Vedanta Aluminium Metal Limited to AA+ with a Stable outlook. Talwandi Sabo Power Limited was also upgraded to AA-/Stable from A+/Watch Developing, while the group’s short-term rating was reaffirmed at A1+.The rating action marks Vedanta’s highest domestic credit rating since 2014. Vedanta Limited and Vedanta Aluminium Metal Limited, two of the largest entities emerging from the demerger, together account for over 75 per cent of the group’s long-..

Netrasemi Launches Edge AI Chip A2000

Fabless semiconductor startup Netrasemi has launched its flagship Edge AI system-on-chip, A2000, after achieving successful silicon bring-up. Fabricated at TSMC’s 12 nm technology node, the chip is designed for on-device AI, smart vision, real-time video analytics and secure edge computing.A2000 features Netrasemi’s in-house Neural Processing Unit, Vision Processing Unit, Image Signal Processor, crypto engines and other hardware acceleration IP cores. It also uses the company’s patented heterogeneous graph-stream parallel processing architecture.The chip targets applications such as smar..