In a bid to enable India’s Micro, Small and Medium Enterprises to import technology and equipment from the USA, the Export Import (Exim) Bank of India has signed a Master Guarantee Agreement with the Exim Bank of USA, an agency of the U.S. Government.
“We have signed a Master Guarantee Agreement with the US-Exim Bank which would enable the Indian MSMEs to import technology and equipment from the USA, said India’s TV Rao, director of the bank. He was speaking at a workshop on ‘Institutional Initiatives for MSMEs‘, organized by Exim Bank of India in Orissa.
