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Ministry of Commerce & Industry

68th Annual General Meeting of ECGC Ltd. held in Mumbai; Company supports record ₹9.70 Lakh Crore of exports in FY 2025-26

PrelimsMainsGS3EconomyGovernment Schemes
Source-grounded summary

ECGC Ltd. held its 68th Annual General Meeting in Mumbai, highlighting its performance for FY 2025-26. The company supported a record ₹9.70 lakh crore of exports, covering 25% of India's merchandise exports. It achieved a gross premium of ₹1,459.11 crore and paid claims amounting to ₹811.02 crore. The company reported a Profit Before Tax of ₹1,686.61 crore, a Profit After Tax of ₹1,277.12 crore, and declared a dividend of ₹390.42 crore. ECGC instituted several measures to support exporters amid external challenges, including enhanced bank covers, collateral-free credit guidelines, country risk rating adjustments, and the introduction of the Export Factoring Facility in Foreign Currency at GIFT City. Additionally, ECGC was designated as the nodal agency for the RELIEF intervention under the Export Promotion Mission.

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