2 A.P-based companies win top honors at D&B – ECGC Indian Exporters’ Excellence Award

2 Andhra Pradesh-based companies win top honors at D&B – ECGC Indian Exporters’ Excellence Awards

Vaani Carboxy Pvt. Ltd. & Sirius Overseass Pvt. Ltd. among the winners

 Dun & Bradstreet, the world’s leading provider of global business information, knowledge and insight, in association with Export Credit Guarantee Corporation of India Ltd (ECGC) today announced the ‘D&B – ECGC Indian Exporters Excellence Awards’ to recognize the contribution of the Exporters to the Indian economy.

Dun & Bradstreet India also launched their inaugural publication on ‘India’s Leading Exporters’ which features prominent exporters in India across 10 sectors in four revenue categories. Of the 585 shortlisted companies, the study profiles 122 companies, which include winners and runners up across the various sectors and the others are listed in this publication on various parameters such as ownership, prominent emerging export regions, export revenue, total turnover and net profit among others.

Speaking about the awards, Dr. Manoj Vaish, President & CEO – India, Dun & Bradstreet said, “India has emerged as one of the fastest growing economies in the world with an average GDP growth rate of around 9% over the past three years. The Government of India has continuously emphasised the role of exports in order to achieve a sustained growth rate. Exporters form a valuable segment of the Indian business community enhancing our visibility on the global economic platform and the world trade stage, thereby acting as ambassadors for India. The international market within which exporters operate has assumed new complexities which bring many challenges for the exporting community. D&B has partnered with ECGC for over a decade, serving the Indian exporter community, supporting them in their endeavors and partnering with them at every stage. It was only natural then that we partner with ECGC in this endeavour of recognizing and applauding the achievements of the Indian exporter community.”

Shri A V Muralidharan, Chairman cum Managing Director, Export Credit Guarantee Corporation of India Ltd. further added, “Since its inception in 1957, ECGC is committed to promote exports from India. ECGC has a wide range of excellent and cost effective insurance covers both for exporters and banks. ECGC is a leader in the export credit insurance and therefore has taken leadership initiative to confer the awards on the exporters. The exporter customers can look forward to one stop solution for all their finance and insurance needs which include Factoring covers as well as credit insurance covers. ECGC will be facilitating shortly marine insurance covers from a reputed general insurer free of cost to its policyholders. The Corporation will also be launching shortly yet another simplified export credit insurance product to its SME exporters. Besides, Domestic Credit Insurance covers to protect the local sales receivables of our exporters and credit insurance covers to banks to insure their working capital finance being provided against such receivables are also proposed to be launched shortly.”