India

There are no formal restrictions on cover.

There are no formal restrictions on cover.

For medium and long-term transactions with private buyers there will be a rigorous assessment of buyer’s/borrower’s creditworthiness. In case of doubt bank or real security has to be provided.

The assessment of a bank for acceptance as a guarantor or borrower is carried out case by case on the basis of informative documents and taking into account the risk involved.

Country information on commercial practices, business climate, market analyses, law, import procedures, customs duties and international projects and tenders can be found on the website of Germany Trade & Invest (gtai, https://www.gtai.de).