Export Finance

Solution of Financing Problem of Export of Indian Pharmaceutical Products to Under Developed Countries including South African Nations through Exim Bank of India Lines of Credit: By Ashok Agarwala A.            Preamble:- India is a hub of Manufacturing of Pharmaceutical Products. The Products so manufactured are consumed domestically & having very Good Demand overseas. South African Countries are prominent where Human Health is a big concern hence huge demand & supply gap exists. These Countries are underdeveloped, with lower ratio of Literacy and lot many problems pertaining to human health. Exporters are trying to take advantage of favourable conditions & are exporting Drugs in Bulk Quantity with Substantially higher Profit Margin in comparison to Domestic Sale. Problem left is of Regular Export financing: Normally Export is carried out on credit- no easy ba...