We are active in arranging finance for Project export activities. Project export contracts are generally of high value and exporters undertaking them are required to offer competitive terms to be able to secure orders from foreign buyers in the face of stiff international competition.
The type of work includes:
- Export of engineering goods on deferred payment terms
- Execution of turnkey projects abroad
- Execution of overseas civil construction contracts abroad
- Exports of services are the contracts for export of consultancy, technical and other services.
Various types of credit facilities, both non fund and fund based, that the project exporters may need at the time of bidding and/ or for execution of the project are arranged by us.
ECBs have been introduced to provide a source of finance to Indian Corporate for expansion of existing capacities and also for fresh investments. We are arranging for ECB's under the FEMA Rules & Regulations. The Policy gives greater priority for projects in Infrastructure, Power, Oil Exploration, Telecom, Railways, Roads & Bridges, Ports, Industrial Parks and Urban Infrastructure and Export Sectors.
