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FIEO, Credlix sign MoU to support Indian exporters

26 Jan '25
1 min read
FIEO, Credlix sign MoU to support Indian exporters
Pic: Adobe Stock

Insights

  • The Federation of Indian Export Organisations has signed an MoU with supply chain financing solutions provider Credlix to enhance the growth of Indian exporters and strengthen their global presence.
  • The focus will be to streamline trade by providing exporters innovative financial solutions, logistical support and resources.
  • The MoU will simplify export operations and enhance business capabilities.
The Federation of Indian Export Organisations (FIEO) recently signed a memorandum of understanding (MoU) with supply chain financing solutions provider Credlix to enhance the growth of Indian exporters and strengthen their global presence.

The collaboration focuses on streamlining international trade by providing exporters innovative financial solutions, logistical support and other critical resources, a FIEO press release said.

By combining FIEO’s extensive network with Credlix’s expertise in financial services, the partnership aims at addressing key challenges faced by exporters. Initiatives include workshops, trainings, financing advisory and technological support to raise awareness—a solution that helps businesses scale their operations effectively.

The partnership includes Credlix’s technological and logistical solutions like warehousing and supply chain management to address exporters’ operational hurdles.

FIEO will actively promote the initiative, encourage exporter participation and guide businesses in navigating complex global markets, the release noted.

This alliance is set to simplify export operations, enhance business capabilities, and accelerate the growth of Indian exporters, contributing to India’s economic progress and reinforcing its position in global trade.

Fibre2Fashion News Desk (DS)

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