Fostering Self-Reliance in Select Manufacturing Sectors can lead to Import Substitution of more than US$ 186 billion: Exim Bank Study

According to a study published by the Export-Import Bank of India (India Exim Bank), the recent performance of the manufacturing sector in India is indicative of an underlying inertia, with the share of manufacturing in India’s gross value added declining to 15.1 percent in 2019-20, as compared to 18.4 percent in 2010-11, despite the strong and growing private consumption demand in the country.

E-commerce and Organised Retailing to Propel Growth in Indian Packaging Sector: Exim Bank Study

According to a Study published by the Export-Import Bank of India (India Exim Bank), Indian packaging sector is expected to reach US$ 72.6 billion by 2020, growing at a CAGR of 18% during 2016-21. The food packaging industry is expected to reach around US$ 55 billion by 2020.

Kerala has an Untapped Potential of US$ 6.7 billion in Merchandise Exports: Exim Bank Study

According to a Study published by the Export-Import Bank of India (Exim Bank), merchandise exports from Kerala stood at US$ 9.8 billion in 2018-19. Although exports from the state have registered robust growth during the recent period, there remains an untapped merchandise export potential of nearly US$ 6.7 billion. Realizing this potential could increase merchandise exports from the state to nearly US$ 16.5 billion.

Exim Bank, on behalf of the government of India, extends a line of credit [loc] of USD 250 million to the government of republic of Mozambique.

Export-Import Bank of India [Exim Bank] has, on behalf of the Government of India, extended Line of Credit [LOC] of USD 250 million for Improving of Quality of Power Supply in Mozambique.

India Exim Bank’s PAT jumps more than 50% in FY 2019-20

Mr. David Rasquinha, Managing Director and Ms. Harsha Bangari, Deputy Managing Director, Export-Import Bank of India (India Exim Bank), announced the Bank’s results for the financial year 2019-20 through a virtual press conference in Mumbai on Thursday, June 25, 2020.

Key highlights of the Bank’s performance during 2019-20 are as under:

BUSINESS PERFORMANCE

Export-Import Bank of India, on behalf of the government of India, extends a line of credit of USD 20.10 million to the government of the republic of Nicaragua

Export-Import Bank of India [Exim Bank] has, on behalf of the Government of India, extended Line of Credit [LOC] of USD 20.10 million for reconstruction of Aldo Chavarria Hospital, to the Government of the Republic of Nicaragua.

Export-Import Bank of India, on behalf of the government of India, extends a line of credit of USD 215.68 million to the government of the republic of Malawi

Export-Import Bank of India [Exim Bank] has, on behalf of the Government of India, extended Line of Credit [LOC] of USD 215.68 million for Drinking Water Supply Schemes and Other Development Projects, to the Government of the Republic of Malawi.

Ms. Harsha Bangari Appointed as DMD of Exim Bank

Mumbai: Ms. Harsha Bangari has been appointed as the Deputy Managing Director of the Export-Import Bank of India (Exim Bank). Prior to this appointment, Ms. Bangari was the Chief General Manager and Chief Financial Officer of the Bank. She joined Exim Bank in 1995 and is currently heading the Treasury and Accounts Group of the Bank. Ms.