FIEO and Credlix Sign MoU to Empower Indian Exporters with Financial and Logistical Support

The
Federation
of
Indian
Export
Organisations
(FIEO)
has
partnered
with
Credlix,
a
global
leader
in
supply
chain
financing
solutions,
through
a
Memorandum
of
Understanding
(MoU)
to
enhance
the
growth
of
Indian
exporters
and
strengthen
their
global
presence.
This
collaboration
focuses
on
streamlining
international
trade
by
providing
exporters
with
innovative
financial
solutions,
logistical
support,
and
other
critical
resources.

FIEO
Signs
MoU
with
Credlix

By
combining
FIEO’s
extensive
network
with
Credlix’s
expertise
in
financial
services,
the
partnership
aims
to
address
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.

Mr.
Rahul
Garg,
Founder
&
CEO,
Credlix,
stated,
“We
are
proud
to
collaborate
with
FIEO
to
empower
Indian
exporters
on
their
path
to
growth
and
self-reliance.
This
partnership
shows
our
shared
commitment
to
overcoming
key
trade
challenges.
Through
innovative
financial
and
logistical
support,
we
aim
to
simplify
export
operations
and
help
businesses
establish
a
strong
presence
in
global
markets.”

The
partnership
includes
technological
and
logistical
solutions
from
Credlix,
such
as
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.

Dr.
Ajay
Sahai,
Director
General
&
CEO,
FIEO,
remarked,
“This
collaboration
with
Credlix
marks
a
significant
milestone
in
advancing
India’s
vision
of
self-reliance
and
strengthening
its
export
sector.
By
providing
SMEs
with
financial
and
logistical
resources,
we
aim
to
help
them
overcome
barriers,
enhance
operational
efficiency,
and
capitalize
on
opportunities
in
international
trade.”

Dr.
Sahai
further
highlighted
the
liquidity
gap
and
lack
of
credit
flow
in
the
Indian
economy,
which
has
posed
persistent
challenges
for
exporters.
“Export
finance
remains
a
critical
issue
for
various
segments,
particularly
for
MSMEs,
which
are
the
backbone
of
India’s
export
ecosystem,”
he
noted.

The
MSME
sector
contributed
45.73%
of
India’s
exports
in
2023-24,
yet
it
continues
to
struggle
with
limited
access
to
export
finance.
With
35,000
members,
primarily
from
the
MSME
segment,
FIEO
sees
this
MoU
as
a
pivotal
step
in
addressing
these
challenges
and
unlocking
growth
opportunities
for
exporters.

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.

About
Credlix
Credlix
is
a
global
leader
in
supply
chain
financing,
dedicated
to
providing
innovative
financial
solutions
to
SMEs
worldwide.
Focused
on
delivering
rapid,
collateral-free
access
to
working
capital,
Credlix
helps
businesses
optimize
cash
flow
and
achieve
their
growth
potential.

About
Moglix
Moglix
is
one
of
Asia’s
largest
B2B
commerce
companies,
empowering
manufacturing
and
infrastructure
businesses
to
transform
their
supply
chains
from
procurement
to
distribution.
As
the
first
B2B
commerce
unicorn
in
manufacturing,
Moglix
supports
over
1,000
large
manufacturers
and
3,000+
factories
with
a
valuation
of
$2.6
billion.

About
FIEO

The
Federation
of
Indian
Export
Organisations
(FIEO)
is
an
apex
trade
promotion
body
set
up
by
Ministry
of
Commerce
&
Industries
in
1965
with
its
members
contributing
around
70%
of
India’s
exports.
With
16
offices
on
PAN
India
basis,
FIEO
works
to
support
and
promote
India’s
export
fraternity
by
providing
valuable
resources,
market
access,
policy
advocacy
and
networking
opportunities
for
businesses.