Export-Import Bank of India (India Exim Bank) forecasts
Export-Import Bank of India (India Exim Bank) forecasts India’s total merchandise exports to continue to cross the US$ 100 bn mark, for the second consecutive quarter in a row, amounting to US$ 105.8 bn, growing at 39.6%, and non-oil exports to amount to US$ 89.1 bn, growing at 26.8%, during the third quarter (October-December) of 2021-22. This compares to US$ 75.8 bn and US$ 70.3 bn of total exports a
Agriculture policies in India have been focusing on raising farm output to achieve self-sufficiency, reduce import dependency and ensure food security. Driven by these primary objectives, there has been a tendency to utilize trade policy as an instrument to attain short term goals of price stabilization in India.
India Exim Bank listed its USD 1 billion 10-year bond on AFRINEX at a virtual listing, during the Launching Ceremony of AFRINEXon October 25, 2021.Hon’ble Mr. Pravind Kumar Jugnauth, Prime Minister of the Republic of Mauritius, Her Excellency Mrs. K. Nandini Singla, High Commissioner of India to Mauritius, and Ms.
Export-Import Bank of India [Exim Bank], on behalf of the Government of India, has extended a Line of Credit [LOC] of USD 7.29 million to the Government of the Cooperative Republic of Guyana for the purpose of procuring and installing Solar Home Lighting Systems for 30,000 homes in the Hinterland Communities.
India Exim Bank’s study titled “Prospects for Enhancing India Japan Trade Relations” was released at the hands of Shri. Dammu Ravi, Secretary [Economic Relations], Ministry of External Affairs, Government of India; in the virtual presence of - H.E. Mr. Sanjay Kumar Verma, Ambassador of India to Japan, Mr. Shingo Miyamoto, Minister (Economic & Development), Embassy of Japan in India, Ms.
With the recent announcement of the corpus infusion of ` 1,650 crore by the Government of India in the National Export Insurance Account (NEIA) to boost project exports, Export-Import Bank of India (India Exim Bank) targets to achieve financing of US$ 7 billion of project exports over the next five years. The NEIA Trust, set up by the Ministry of Commerce and Industry, GoI, in March 2006, provides export credit insurance cover for promoting medium and long-term project exports from India.
Release of India Exim Bank’s publication titled “Building Value Chain: Opportunities for India and ASEAN” by Ms. Riva Ganguly Das, Secretary (East), Ministry of External Affairs, Government of India in the presence of Ms. Harsha Bangari, Managing Director, India Exim Bank; Dato' Ramesh Kodammal, Co-Chair, ASEAN India Business Council (AIBC) and Prof.
The four-day exhibition will host 75 artisans across 20 states of India
Export-Import Bank of India [India Exim Bank] has extended two Buyer’s Credit [BC] facilities under National Export Insurance Account [NEIA] aggregating USD 226.95 mn to Fahi Dhiriulhun Corporation Ltd. (FDCL),Government of Republic of Maldives (GoM) for construction of 4000 Social Housing Units in Hulhumale, Maldives by NBCC (India) Ltd. (NBCC) and JMC Projects (India) Ltd. (JMC).Ms.
