What is ECGC and how does it protect Indian exporters?

Curated by Vinod Kumar Jain & Amit Jain · All Frontier Global · free, no login

ECGC (Export Credit Guarantee Corporation of India) is the government-owned export credit insurer. ECGC provides: (1) Buyer exposure limits — ECGC assesses your EU buyer and issues a credit limit, (2) Export credit insurance — if buyer defaults, ECGC pays 60-90% of the loss, (3) Bank guarantees — allowing Indian banks to provide pre/post-shipment credit. AJG recommends ECGC cover for all new EU buyer relationships.

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