Future Lines of Credit (LoCs) To Africa Could Cover Defence, Says EXIM Bank MD
India’s future Lines of Credit (LoCs) to Africa could focus on defence exports to meet the requirements of the continent, MD of EXIM Bank of India Harsha Bangari told ET. As India explores defence exports to Africa based on the growing interests for Indian defence equipment in the continent, future LoCs could cover defence, according to Bangari. Other potential areas for extending LoCs to Africa