Home / Knowledge / News / Apparel/Garments / ECGC & D&B host Export Risk Management Conclave 2013
ECGC & D&B host Export Risk Management Conclave 2013
Nov '13
Dun & Bradstreet, the world’s leading provider of global business information, knowledge and insight, in association with the Export Credit Guarantee Corporation of India Ltd (ECGC) organised the inaugural conference of the ‘ECGC – D&B Export Risk Management Conclave’, designed to discuss risks faced by various stakeholders in the export value chain across the country and how these can be mitigated.

The conclave theme for this session, ‘Managing Risk in Volatile Times’ provided insights on risk mitigation issues and techniques in critical areas of exports related to insurance, foreign exchange fluctuation, supply chain management and geo-political movements. The event witnessed industry experts sharing their experiences and perspective about the current and future state of the export landscape.

Delivering the welcome address, Shri Kaushal Sampat, President & CEO – India, Dun & Bradstreet said, “India has taken significant steps to deepen integration with the global economy over the last two decades, especially in the area of trade. From a share of mere 0.4% in global merchandise exports and a ranking of 45 in 1980, India has moved up to 19th rank and holds 1.6% share in global merchandise exports in 2012.

“Exporters are being confronted with increasingly volatile and complex environment. The scope of risks they face is broader, has a deeper impact and is much quicker to materialize. In such a scenario, the ability of an organisation to take risks and manage them well has emerged as a major competitive advantage.”

“The objective of the ECGC-D&B Export Risk Management Conclave therefore is to reach out to exporters across the country and discuss the risks that they face and how these can be mitigated. Equally importantly, the Conclave would discuss how exporters can leverage the opportunities ahead, in terms of new markets, products, services, financing avenues, supply chains etc.”, he added.

Speaking at the conclave, Shri N Shankar, Chairman cum Managing Director, Export Credit Guarantee Corporation of India Ltd, said, "Credit Insurance stands out from other non-life insurance products. Export Credit Insurance plays an important role in enhancing the competitiveness of exports, especially of developing economies."

Expressing his views on various banking services available for exporters, Shri Ranjan Dhawan, Executive Director, Bank of Baroda said, “All banks in India are actively involved in helping the Exporter Community in increasing the exports from India for which immense potential still exists.

"Bank of Baroda, in particular, being present in 24 countries abroad in addition to its network of more than 4500 branches in India, is committed to provide a full-range of banking services to the exporters including export – finance in all its forms and facets.”

Speaking on Supply Chain Risk Management, Shri Sanjiv Singh, Chief Manager (Country Head), Marine Cargo Dept, New India Assurance Company Limited said, "Marine Insurance can play an important role in supply chain risk management by promptly settling claims on account of loss or damage to goods. However marine insurance cannot be a substitute for risk management to contain losses – especially those which are preventable in nature."

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search