ECGC (Export Credit Guarantee Corporation of India)

ECGC, or Export Credit Guarantee Corporation of India, is a government-backed organization that helps Indian exporters manage risks associated with international trade. It offers insurance and guarantees to exporters against potential losses from non-payment or default by foreign buyers due to commercial or political reasons. By providing this support, ECGC promotes export growth, encourages exporters to explore new markets, and ensures they are protected financially, fostering a more secure environment for international business transactions.