ECGC Limited, formerly known as Export Credit Guarantee Corporation of India Limited, was established in 1957 and is wholly owned by the Government of India. It functions under the administrative control of the Ministry of Commerce & Industry. ECGC provides credit risk insurance and related services to facilitate exports from India. The organization offers a range of products including export credit insurance, export factoring, and guarantees for banks to cover risks in export financing. ECGC is committed to supporting Indian exporters by covering various risks associated with international trade.