EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED HEARTY

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED HEARTY WELCOME TO PHARMEXCIL MEMBERS ‘ECGC Support for Indian Exports’ You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED ABOUT US • Incorporated 30/07/1957 • Ownership Govt. of India • Primary Objective Export Credit Insurance • Role Export Promotion • Capital • Authorised Rs 1000 Crores • Paid-up Rs 900 Crores You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED About - ECGC • Registered with IRDA / MOU with GOI • IS/ISO 9001: 2000 compliant • i. AAA rating – ICRA – Highest claim paying ability • Global expertise – Member of Berne Union • World’s Oldest - Vast Experience & Knowledge • Quicker decisions - WAN & E- Connectivity • Most rationalised premium rates • Diversified Products • Cover to 237 countries You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED RISK!! You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED SAYING “Anything is possible”, said an intellectual, and “my experience is that the contingencies not provided for are those which happen” TIME’S ISSUE DATED 08. 07. 91 You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED Analysis of data by an Int’l Agency shows that in Advanced Economies EVERY DAY MORE THAN one …. • New business is formed • Company changes control • Company changes its • New sets of Accounts name are keyed in • Directorship changes • Share ownership AND changes More than one Corporation Fails Every day! You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED e ay l b ues m o s r s to l e Worlds n g a i g t r D r & : fourth o C larigm E e m Lehman Brothers, 158 yr Old largest O e r e s n t d u n o r c a i l i a l s p a l h r i T b m n n b i f u r o I a e starinvestment 0 v went rta bank nufabankrupt o 0 S b s e 3 t a k U n $ c s y k h r i u c e p Mil u t o g c t lar y proteturer files tion Meet s against Iran atc. IAEA India Votes d l r bans 30 drugs of Ranbaxy o FDA W US take military action on Iraq UN Sanctions on Iran Terrorism shows its ugly face in Mumbai You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED EXPORT INSURANCE Goods Loss or Damage Marine Insurance Receivables Exchange Risk Hedging by Authorized Dealers You focus on exports. We cover the risks. Payment Risk CREDIT INSURANCE 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED Policies - Risks Covered Commercial Risks (Buyer / LC Issuing Bank) ØInsolvency ØProtracted Default ØContract Repudiation You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED Political Risks - Covered § Inconvertibility § War, Civil War etc § Import Restrictions § Shipment Diversion You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED Evaluating a Buyer • Underwriting risks on a buyer means determination of the capacity or willingness of the buyer to meet his financial obligations at a future date • Assess the three C’s • Character • Capacity • Capital You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED Evaluating a Buyer - Other Factors • Opinion of Credit Information Agency • ECGC’s Experience • Commodity • Country You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED Evaluating a Buyer - Non-Financial Factors • Age of business and age under present management • Status • Branch/Subsidiary of a company domiciled in a third country • Type of Business You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED Evaluating a Buyer - Financial Factors • Net Worth • Currency ratio • Bank Borrowings • Current account Balances • Sales Turnover • Payment Record You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED Support Options • Shipments (Comprehensive Risks) Policy • Exports Turnover Policy • Consignment Exports Policy • Exposure Policies • Software / ITES Policies • MLT Policies You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED Export Stimulus Package • MSMEs & the following commodity exporters – Addl. 5% cover under Policies • Textiles ( including handicrafts and handlooms), • Gem & Jewellery • Leather • Engineering goods • Carpets • Project goods • Auto components • Chemicals • Export credit advances to MSME borrowers – Addl. 10% cover for Banks • Additional cover available for shipments /advances made/ granted during the period 1 st Jan 09 to 30 th June 09 You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED …Stats Rs. in Cr. Year Premium Claims Paid 2006 -07 617. 66 372. 26 2007 -08 668. 37 420. 01 2008 -09 744. 53 450. 62 You focus on exports. We cover the risks. 9/16/2020

Rs. in Crores EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED Claims Experience – Since 1957 to 06 -07 Rs. in Crores You focus on exports. We cover the risks. 9/16/2020

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LIMITED visit us at ‘www. ecgc. in’ contact us at ‘chennai@ecgc. in’ Tel: 28491026 -33 THANK YOU. . You focus on exports. We cover the risks. 9/16/2020