FIEO and Credlix join forces to empower Indian exporters through financial and logistical innovation.
The Federation of Indian Export Organisations (FIEO) has signed a memorandum of understanding (MoU) with Credlix, a global leader in supply chain financing solutions, to bolster Indian exporters and expand their global footprint. This collaboration seeks to address key challenges faced by exporters by integrating innovative financial solutions, logistical support, and technological advancements into their operations.
The partnership aims to streamline international trade by leveraging FIEO’s expansive network and Credlix’s expertise in financial services. Initiatives under this collaboration include workshops, training programs, financing advisory, and awareness campaigns to help businesses scale their operations efficiently.
Rahul Garg, Founder and CEO of Credlix, highlighted the joint commitment to empowering exporters. “Through innovative financial and logistical support, we aim to simplify export operations and help businesses establish a strong global presence,” he said.
Credlix will provide technological and logistical solutions, including warehousing and supply chain management, to help exporters navigate operational challenges. FIEO will play a crucial role in promoting the initiative, encouraging exporter participation, and offering guidance to businesses on global market complexities.
Ajay Sahai, Director General and CEO of FIEO, termed the partnership a milestone in advancing India’s vision of self-reliance and enhancing its export sector. “By providing SMEs with essential financial and logistical resources, we aim to overcome barriers, improve efficiency, and unlock international trade opportunities,” he stated.
With a membership base of 35,000, primarily from the MSME sector, FIEO views this MoU as a strategic step in fostering growth and enhancing the competitiveness of Indian exporters globally. The collaboration underscores a shared commitment to addressing trade challenges and empowering businesses to achieve sustainable growth.
