New Delhi: The Export Credit Guarantee Corporation of India (ECGC), the government’s export credit insurance entity, held its 67th Annual General Meeting on 9th September 2025, showcasing stellar performance for the fiscal year 2024-25. The value of exports supported by ECGC reached a historic high of ₹8.55 lakh crore, marking a 17% growth. The export cover provided to exporters grew by 20%, while the highest-ever gross premium of ₹1366.53 crore was recorded, reflecting a 1.54% increase. ECGC paid claims amounting to ₹453.46 crore, exceeding the previous year’s ₹450.31 crore.
Financial Performance and Dividend Declaration
ECGC reported a Profit Before Tax (PBT) of ₹2723.07 crore for FY 2024-25, slightly down from ₹2858.95 crore the previous year. The Profit After Tax (PAT) stood at ₹2076.67 crore. The corporation declared a dividend of ₹433.80 crore, demonstrating strong financial health and sustainable growth.
New Support Measures for Indian Exporters
To bolster Indian exporters, ECBG introduced enhanced support measures including 90% cover for banks extending export credit loans to small exporters in an economical manner. It has digitized its processes with a revamped ERP and client portal system, and set up a common facilitation center at its central office to aid exporters and banks in export credit and insurance matters.
The agency simplified the settlement procedures for small claims up to ₹10 crore and expanded insurance cover for collateral-free export credit to micro and small exporters. Presently, 20 banks benefit from the whole turnover Export Credit Insurance Portfolio (ECIB) cover extended by ECGC.
Addressing Global Trade Challenges
In response to tariff disruptions impacting Indian exporters, ECGC is reviewing countries in Latin America, Africa, South-East, and East Asia to promote market diversification. It also plans to cover losses exporters may suffer due to non-delivery of goods exported caused by resale, discount, reshipment, or diversion of voyage.
Additionally, the corporation increased cover for banks up to an Export Credit Limit of ₹50 crore without any additional premium, providing much-needed relief and confidence to exporters and financial institutions alike.
Conclusion
ECGC’s record performance in FY 2024-25 coupled with proactive reforms and enhanced risk mitigation measures underscores its pivotal role in supporting India’s export ecosystem. These developments reaffirm ECGC’s commitment to fostering export growth, financial inclusion, and international market access for Indian exporters.
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Source: PIB
