DS – Concept, a trade finance provider servicing global exporters and importers, recently opened its new offices in New Delhi and Chennai to better accommodate its large client base in India. DS-Concept has been offering financing to mostly Indian manufacturers, as also Indian wholesalers, traders, distributors and brand companies selling on a global scale.
With these two new locations, DS-Concept will be well positioned to ensure the support and success of the fast growing companies located in the two main industrial and agricultural zones. The office in New Delhi will service companies in North India in the manufacturing, textile, food, etc while that in Chennai will focus on exporters in the South in the textile, garment, leather Etc. .
The textile and apparel Sector is one of the oldest and largest industries in the Indian economy. “We started in the textile industry and we know it well,” Rene Pastor, DS-Concept group president of global commercial said. “Because of our deep understanding of the industry, especially in India, we have become very creative and flexible when servicing fast growing companies that are often undeserved by more traditional lenders.
In the next phase, we will be expanding into other regions such as Mumbai, Kolkata and Gujarat. One of DS-Concept’s key areas of focus is to offer customized solutions and high-level customer service to its clients in India,” Ankit Goel, managing director of DS-Concept Intelligent Trade Finance Ltd. (UAE) and said.
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