ECGC Ltd is now in discussions with various trade organisations, software exporters as well as Nasscom (National Association of Software Companies) for providing big ticket export credit cover in new and challenging areas such as software exports.
Speaking after chairing the corporation's Regional Advisory Committee meeting, Mr P.M.A. Hakeem, chairman & managing director, ECGC, said there was a need for underwriting support to such new emerging export streams. There has to be built-in flexibility in these new instruments being developed by ECGC.
The corporation was now working on possible new areas of credit insurance business such as agri exports, software and project exports, quite aware that the present instruments in its fold were not suitable to exporters in these fields.
