Simplifying Trade Finance: MODIFI & FIEO Discuss Smarter Financial Solutions For Indian Exporters

Delhi March 04, 2025: MODIFI, a leading global fintech company specializing in trade finance, in collaboration with the Federation of Indian Export Organisations (FIEO), hosted an exclusive roundtable event, “Bridging the Gap in Export Finance.” The event brought together key Indian exporters,including industry leaders such as Bharat Forge, Surya Roshni, Patanjali, and Red Tape, among others. Participants discussed the evolving landscape of export finance and the critical need for alternative financial solutions.

The event was graced by the presence of Dr. Ajay Sahai, Director General & CEO of FIEO, who addressed the audience, providing valuable insights into the current challenges faced by Indian exporters.

Highlighting the urgent need for accessible and cost-effective credit, Dr. Sahai stated:
“The biggest challenge faced by exporters today is the flow of credit. Unfortunately, the high deposit rates in India make conventional credit expensive. Therefore, exploring alternative financing instruments such as factoring is crucial. The government is actively working on enhancing the flow of credit, popularizing factoring, and addressing regulatory challenges.”

Dr. Sahai also emphasized the importance of factoring as a widely used financial tool across major economies. He further stressed the need to increase its adoption in India, citing that factoring accounts for merely 0.2% of India’s GDP, compared to 4% in Brazil and 3.2% in China. Recognizing the regulatory challenges and cost concerns, he expressed confidence that with government support and the participation of financial institutions, factoring can become a mainstream financing option for Indian exporters.

Ms. Annie Yadav, Commercial Head, MODIFI India, took the stage to present MODIFI’s innovative trade finance solutions, designed to empower exporters with seamless, technology-driven financial support. She elaborated on MODIFI’s commitment to simplifying export financing, reducing credit constraints, and driving business growth for Indian exporters in the global market.

The event facilitated engaging discussions among industry stakeholders, addressing concerns, exploring opportunities, and identifying actionable steps toward unlocking growth capital for global trade. With the participation of over 50 delegates from more than 30 companies, the evening concluded on a high note, fostering collaboration over an insightful dialogue, followed by a networking dinner.