2. Basic Indicators
• Population (thousands, 2010)1 170 938
• GDP (million current US$, 2010)1 727 110
• Current account balance (million US$, 2010)-
51 781
3. Rank in world trade
Export Import
20 13
merchandise merchandise
7 7
Commercial Commercial
services Services
4. Industrial property
• Patents granted by patent office in 2009
• 1725 for residents, 4443 for non residents
• Grand total of 67490 patents
5. EXIM BANK
• Export-Import Bank of India is the premier
export finance institution of the country, set
up in 1982 under the Export-Import Bank of
India Act 1981
6. Exim Bank of India has been the prime
mover in encouraging project exports from
India. The Bank provides Indian project
exporters with a comprehensive range of
services to enhance the prospect of their
securing export contracts, particularly those
funded by Multilateral Funding Agencies like
the World Bank, Asian Development
Bank, African Development Bank and
European Bank for Reconstruction and
Development.
7. • Overseas Investment Finance programme
offers a variety of facilities for Indian
investments and acquisitions overseas. The
facilities include loan to Indian companies for
equity participation in overseas ventures,
direct equity participation by Exim Bank in the
overseas venture and non-funded facilities
such as letters of credit and guarantees to
facilitate local borrowings by the overseas
venture.
8. • In order to assist the Small and Medium
Enterprises, the Bank has put in place the
Export Marketing Services (EMS) Programme.
Through EMS, the Bank seeks to establish, on
best efforts basis, SME sector products in
overseas markets, starting from identification
of prospective business partners to facilitating
placement of final orders. The service is
provided on success fee basis.
9. What is ECGC?
• Export Credit Guarantee Corporation of India
Ltd. ( ECGC ) is a Government of India
Enterprise which provides export credit
insurance facilities to exporters and banks in
India
10. What does ECGC do?
• Provides a range of credit risk insurance
covers to exporters against loss in export of
goods and services
• Offers Export Credit Insurance covers to banks
and financial institutions to enable exporters
to obtain better facilities from them
• Provides Overseas Investment Insurance to
Indian companies investing in joint ventures
abroad in the form of equity or loan
12. Need for export credit insurance
• outbreak of war or civil war may block or
delay payment for goods exported
• Economic difficulties or balance of payment
problems may lead a country to impose
restrictions on either import of certain goods
or on transfer of payments for goods imported
• exporters have to face commercial risks of
insolvency or protracted default of buyers