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Exim Bank to help Andra exporters

Exim Bank of India and the state government of Andhra Pradesh have entered into a MoU for promotion of exports from Andhra Pradesh. Under the tie-up, Exim Bank support the exporters having operations in Andhra Pradesh in achieving higher exports by facilitation of market linkages through its market advisory services, which will assist in identifying suitable partners. Besides, the bank would help develop skills through capacity building workshops, help the exporters’ participation in select trade fairs and exhibitions, and through research activities. The bank would also use its strong institutional linkages that it has developed over the years with institutions in advanced markets like USA, Singapore, Japan, Australia, EU, etc, and facilitate technology transfer to the technology-seeking enterprises in Andhra Pradesh. Yaduvendra Mathur, CMD, Exim Bank, and Shamsher Singh Rawat, secretary and commissioner for Industrial Promotion, government of Andhra Pradesh, signed the documents.

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