Export Import Trade in India attracted the attention of the world since ancient times. Indian spices, vegetables, grains, pulses etc have been exported to the world for many years now. Agriculture products in India have always been the top priority of Indian Exporters.
The current Pandemic affected Agriculture export badly. But ever since the nation started working again, Agri Export started running swiftly. International Markets are coming forth and easing their norms to get access to Indian vegetables.
European Union eased the norms and offered Indian exporters to present only an online certification assuring food safety and animal and plant health standards.
In a country like India where more than 60% of its population relies on agriculture for a living, it becomes imperative that a huge part of exports includes agriculture export.
Here are some steps to become a successful vegetable exporter.
- Set Up a Company/Firm
The first thing anyone needs to do to become an Indian exporter of fruits and vegetable is set up a company or firm. Now the company can be a partnership firm, an individual firm, or a joint-stock company.
Setting up a Proprietorship firm is the most effective way to establish a start-up venture.
The next series of steps are essential for your company and these make a lasting impression:
Choose a Compelling Name for your Export Firm
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Acquire all the necessary documents for the company like PAN card, IEC number etc.
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Create a Company logo, reflecting the services your firm provides
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Register with the local government body to avail of the Shop Act License.
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Open a bank account either in a Government firm or a Private bank.
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Get registered for VAT or ST or CST
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Learn thoroughly the rules and regulations of Export Import Trade.
- Get RCMC
RCMC is Registration-Cum-Membership-Certificate which is a mandatory document. Export Promotional Council is the concerning authority you must contact to obtain RCMC. RCMC is required for the export of vegetables and fruits from India.
- Product Selection:
Products selection is one of the major steps here. There are many Agri products that are exported from India. Hence it becomes imperative to find out that one product or one type of products to export.
Once the product is selected, get the HS codes for your export product. To get the HS code, go to the DGFT site and select the ‘Policies’ option. Download the latest ‘ITC 2020’ and navigate to the appropriate section. Find your product there and you get the HS code for your export product.
- International Market Selection:
Select at least 5 International and National markets for your product. Before finalizing the market, do thorough market research. Read into the policies of the international market. Know the standard of living of people there and the most important information, know the demand of the product you intend to export there.
- Buyer Finding:
This is, by default, the most important and necessary step in Export Import Trade. Finding International buyers require planning and communication.
Many online websites provide free buyers data and shipment data which may prove to be helpful. Also, there are Export Import Cosultancies having access to the latest buyers data from around the world. You can get enrolled in one of the consultancies.
- Decide Price and Costing: