Dynamics of export financing in India: a case study with special reference to engineering goods industry of Gujarat

Abstract

Exports play the vital role in the economic and industrial progress in both industrialized and developing countries. Now the rate of development of an economy is also determined by that rate by which an economy expands and enlarges its exports capacity and earnings. Thus in context of the need to strive for the economic development and to improve the Bop position, to boost the exports and expansion of the export earnings have strategic importance for a developing country like ours. Export, la highly skilled field of operation, requires a special kind of infrastructural facilities. Regarding the finance, in exports the financial requirements are wider than internal trade is concerned. Through this project, an attempt has been made to project the need of export credit required to industry. The results reveal that the small exporters have more problems in getting credit in comparison to large exporters.