A unique credit facility programme that motivates Indian exporters to explore new geographies. With the help of this programmer, the overseas buyer can open a “letter of credit” in favour of the Indian exporter and can also import goods and services from India on deferred payment terms.
While on the other hand, the exporter enjoys reduced transaction costs and complexities of international trade transactions, on the other hand, the Indian exporter gets to compete in the international market and can continue to put his working capital to good use to scale up operations.