This policy brief examines the role of lines of credit (LOCs) as a component of India’s development cooperation programme. As a tool for promoting international trade, it is used not only to enhance market diversification but also as an effective market entry mechanism for small and medium Indian enterprises. In order to participate in the promotion of economic growth of developing countries, Indian companies tend to participate in the execution of many projects such as railways, information technology, power generation and transmission, buses, sugar mills and agricultural projects.
Post description
- Publication year: 2011
- Content type: Policy Brief
- Form of cooperation: Lines of credit
- Cooperation context: Multilateral
- Region (country):
- Sector: Multisectoral; trade
- Institution (Publication): University of Birmingham
- Author (and co-authors): Pranay Sinha
- Keywords: South-South cooperation; Lines of credit (LOCs); institutional arrangement for approving LOCs; terms and conditions of Indian lines of credit; issue of tied aid vis-a-vis export credit
- Link: https://www.birmingham.ac.uk/Documents/college-social-sciences/government-society/idd/research/aid-data/non-dac-donor-case-study.pdf