Maersk has surpassed 100 customers in Indian for its lending activities in Maersk Trade Finance, which was established in 2015-2016 for the purpose of offering financing solutions for export customers, reports India Times.
India was singled out as the first country when Maersk, on a trial basis, said it would test a new business area aimed at export finance. And according to Vipul Sardana, Global Head of Trade Finance, the business unit plans to finance India-based customers with another USD 200 million over the next 12 months.
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