240.92 billion for 374 ventures set-up by over  Role of Export Credit Guarantee Corporation of India Limited (ECGC) While some of the overseas acquisitions have been hugely successful, some investments have been fully written off within a short span of time.
There are a number of reasons for failure but the inability to withstand adverse changes in the operating economic and regulatory environment has been the most predominant one. This is a pointer to the need for adequate risk mitigants in the process of investments abroad. In 1980, ECGC introduced the Overseas Investment Insurance scheme.