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She runs a Business – Reality not a Toboo!

India stands 9th in the EXPORT IMPORT TRADE, in the world. India exports goods worth 2.34 Lac Cr INR to the world in the year 2019. When a country’s exports are more than its imports, it’s an advantage. When exports are done, a country’s goods are sold in international markets, yielding revenue and when that country imports money is spent and its GDP decreases.   Export and import play a huge role in a country’s economy and hence are supported by the government through various policies. When a whole country and its government are involved in export, why is a particular gender left out or neglected or not amply encouraged to join the venture?   Women have been a backbone of a house, since the inception of the society. They are nurturers to hold the family together, even in the most adverse of times. Women are brave, protecting their children, women are everything life demands them to be.     

 In modern times, the survival struggles have changed and so has the perspective towards women, or a part of that perspective is changed. Women are independent, working, and self-sufficient in today’s world. She is free of society’s constraints and is willing to dedicate her life to herself rather than only to her family.   This attitude of women is not yet fully accepted by society as a whole. Men will have to be responsible and work towards their efficient survival if women are to be free and working, hence a fight to keep women behind the doors of the house keeps burning.   Women are not fully encouraged to work much less run a business of their own. There are only 14% of Indian women running their business, that too in the MSME sector. This means out of 58.5 million entrepreneurs only 8.05 million are women.   It is not the lack of knowledge or lack of required skills that hamper women from running their business efficiently, but the lack of will to let women run their businesses. Women are fighting many social injustices at the same time in their life and this is simply an addition to the fight.    If we dive deep into the matter, we might be able to understand the problem properly and might land upon a solution.    Firstly women are not welcome children in many culturally backward families of India. Girls are then not allowed education, and not allowed to attend school. The fear of girls attending schools and being wronged by the perverts of society overrules the possibility of a bright future for many young girls.   Places where girls are allowed free basic schooling are then not allowed to further prioritize their education. Hence the government of India took some essential measures and made girls’ education free.    This step not only helped girls to focus on their education but also allowed girls to get educated but also gave wings to their careers. A mixed or Co-education system allowed women to understand the counter gender from a very young age.    Marriages at a very young age stopped because more and more girls were willing to be educated. Women are made aware of their rights and so crimes against women are being addressed.    Once you have a vision, it becomes impossible to not run toward the fulfilment of that vision. Women are not only working but are working towards an ambitious career. Women are posing as competition to the corporate men.    Yet many willing and resourceful women are facing challenges when establishing their own business, as compared to men. Such discrimination shatters many dreams and keeps an enormously developing nation like India from attaining its true potential.   Many women who have the idea and the willpower to establish a business are not aided with financial support which discourages them. This is prevalent because women do not own any property on which they can ask for business loans.    To decentralize this issue, the government introduced policies where women must not compulsorily show their property to obtain a loan from the banks. Ideally, this should’ve solved the issue, but banks are still not obliging and asking women to comply with their needs.   Those women who come from a wealthy background, where money is not a limiting factor are seen to overperform.    Another pressing issue with women running a successful business is authority. Women’s authority is not readily accepted by male employees. Some women say, that when they send out important e-mails to partner up with other companies, a response is sent back to the male vice president of the company, thinking that the final call will be his.     

This is a display of denial of women’s authority. Society must be educated to accept women not only as a part of the free culture but also as an authority. Women are strong enough to run a household and to run a business successfully, whereas the counter gender is bound to choose and it is accepted!   The solution to discrimination towards women is not solved when men are treated the same way but is rather solved by understanding that women are indeed as much free and allowed to choose what they wants, as men are.    Concluding with a thought that not every fight is seen, nonetheless needs to be fought, bravely. Underestimating women is one such cause everyone should stand against, just not physically but mentally accepting that women are in the game and might just win it. 

 If you are inspired to read more empowering blogs, click on the link below:   https://digitalexim.com/blog/   If you wish to enroll in an outstanding export-import advanced training course, click the link below:   https://digitalexim.com/advanced-export-import-program/      

A Step by Step Guide to Registration of Import Export Code

Internаtiоnаl export import соurse сreаtes tremendous орроrtunities fоr business аnd eсоnоmiс exраnsiоn. India hаs steadily nurtured its glоbаl trade рrоfile over the past deсade, аnd lаst yeаr, the соuntry’s exports inсreаsed by 20%. As а result, the соuntry saw the fаstest GDP growth rаtes glоbаlly between 2013 аnd 2018. The gоvernment continues to ensure these suссesses by providing incentives for intеrnаtiоnаl trade. Hоwever, рrоsрeсtive trаders need to obtain the right permits аnd аррrоvаls befоre they саn соnduсt business internаtiоnаlly. An Imроrt-Exроrt Cоde (IEC) is one of these аррrоvаls.

Whаt is аn Imроrt-Exроrt Cоde (IEC)?

An imроrt-exроrt соde (IEC) is a key business identification number required for аll intеrnаtiоnаl trading in India. This 10-digit аlрhа-numeric code is given by the regional оffiсe оf the Director General of Fоreign Trade (DGFT), Ministry of Commerce. The соde is important fоr аll Indiаn businesses thаt wаnt tо enjоy the benefits of International trаde. The Imроrter usuаlly deсlаres their IEC number tоgether with the bill of lading to customs. This helps the оffiсiаls effectively administrate cross-border business and аlsо сurb illegаl imроrts аnd exports. The imроrt-exроrt соde is а neсessity fоr businesses intending tо exрlоre either imроrtаtiоn оr exроrtаtiоn оf gооds аnd serviсes.

A Steр By Steр Guide tо Registrаtiоn оf Imроrt Exроrt Cоde

The Ministry of Commerce, thrоugh the Director General оf Fоreign Trade, nоw рermits the оnline submissiоn, hаndling, аnd issuаnсe оf IEC аррliсаtiоns. Several serviсe providers have аlsо fоund а niсhe in IEC registration whiсh they оffer tо their сlients in Indiа. Hоwever, the рroсess оf getting аn IEC is now eаsier thаn ever, аs рrоsрeсtive imроrters аnd exроrters саn аррly fоr аn IEC number frоm the соnvenienсe оf their hоmes оr рlасes оf wоrk. Let’s рrосeed steр by steр. Steр 1: Visit the оffiсiаl DGFT раge (dgft.gоv.in): The раge is соmраtible with mоst brоwsers; аll yоu need is а deviсe соnneсted tо the internet. Steр 2: On the hоme раge, сlісk оn “Aррly for IEC” at the bottom оf the раrаgrарh titled “Register fоr yоur IEC”: A new page will load аfter you сliсk оn the “Aррly fоr IEC” iсоn. Steр 3: Fill in yоur knоw-yоur-сustоmer (KYC) infоrmаtiоn аnd раss the ReCарtсhа test: This page requires іnfоrmаtіоn аbоut the type of business уоu аre аррlying fоr (imроrter/exроrter, teсhniсаl аuthоrities, bаnk оffiсiаls…) аnd other personal detаils. A PAN number аnd Pin Cоde are alsо required. At the раge’s bottom is а “Send OTP” орtiоn. Cliсk оn thаt tо submit yоur fоrm аnd generаte а оne-time раsswоrd (OTP). Steр 4: Enter the generated OTP in the text bоx provided: This will аutоmаtiсаlly give yоu ассess tо the оnline аррliсаtiоn раge tо fill in the entity detаils. Steр 5: Fill in the аррliсаtiоn entity detаils, inсluding brаnсh detаils аnd direсtоr/ раrtner detаils: These require yоu tо рrоvide mоre sрeсifiс infоrmаtiоn аbоut yоur business аnd the business partners аnd directors. Steр 6: Upload sсаnned сорies оf the required documents: The neсessаry dосuments hаve been listed рriоr tо nоw; аll you need tо dо is to рiсk the document tyрe (PDF оr JPEG) аnd сliсk оn the “Upload” iсоn. Steр 7: Pаyment fоr fees: Yоu mаy рrосeed tо раy the IEC registrаtiоn fee of RS. 500 with either debit and сredit саrds оr viа net bаnking. Steр 8: Preview аnd рrint аррliсаtiоn: Preview the аррlication to ensure that there are no errors, аnd yоu саn аlsо print it to further scrutinize or fоr business рurроses. Cliсk оn “Prосeed ” аfter thоrоugh verifiсаtiоn оf the infоrmаtiоn оn yоur аррliсаtiоn. Steр 9: Submit аррliсаtiоn: Submit аnd generаte аn IEC сertifiсаte. Prосessing аnd issuаnсe оf the IEC соde tаke 10 – 15 days. Hоwever, if your аррliсаtiоn is nоt ассeрted, the office of the DGFT will nоtify yоu within 2 days by mаil with a corresponding reason fоr rejection.

Explore Major Indian Export Companies – How They Play A Vital Role In The Exim Industry

Big Shots In especially export Industries has become successful through their own hard work & tireless efforts. The Nation’s economy is being benefited widely as they stand as a ‘successful’ export company. Let’s jump to the point ‘top indian exporting companies’ & how major part they play.

Wo Insaan Jo Dusro Ki Nakal Karta Hai Thode Time Ke liye Safal Ho Sakta Hai But jiwan me bahut aage nahi badh Sakta

(A Person Who Copies others can be successful for a short time but cannot move forward in life)

– Ratan Tata

Below are the Names of Export companies or top indian exporting companies:

Reliance Industries (Oil, Gas)

Tata Motors (trucks, cars)

TATA Steel (Steel, iron)

ITC (Tobacco)

Coal India (Diversified Metals, mining)

Reliance Industries:

As Reliance’s Tagline says “Growth is Life” or “Fuelling India’s Growth”, it genuinely stands on it. It was founded in the year 2008 with the total Net income of 2.2 billion (as per different source). The Whole Empire of reliance was being created by Sir Dhirubhai Ambani which will be forever appreciated.

TATA Motors:

One of the Top Car manufacturers In India, Tata motors are incredibly strong in export. The Product includes military vehicles, buses, sports cars, coaches, trucks, cars & construction equipment. It was founded in 1945. The Business ethics of Sir Ratan Tata is really inspirational for all. They released the world’s cheapest car ‘Nano’ though due to some XYZ reason they had to shut off later.

TATA Steel:

India Exported 11 million tonnes of steel in the year 2019, while in April 2020 Tata steel sold approx. 80 to 90% of its production export markets.  Tata Steel was founded in 1907 by Jamshetji Tata. The Steel operates in 26 countries with a sound business ethics. Hence Tata steel is one of the major or top exporting companies of India.

ITC:

Less Than 20% of India’s whole tobacco production is exported. It was being established in 1910 as Imperial Tobacco Company of India Limited. After that it was renamed as India Tobacco Company Limited in 1970 and now I.T.C. Limited From the year 1974.

Coal India:

Coal India Limited, one of the largest coal producing companies in the world & a Maharatna public sector undertaking. It was founded in 1975. Though Coal India too faced tough times & criticism but still they are doing very well in exports.

 The Game of Metaphor?

There are many export companies’ names in India & undoubtedly they are doing well. But among those exporting companies, there are some major exporting companies with a huge impact on the exim industry. In This Blog, we will not talk about the export import procedures or opening the digest but will cover the impact. Just as Ramayan is Incomplete without Ram, Exim Industry is Incomplete Without Exporting Companies. Sounds a good metaphor, isn’t it? You can comment on your metaphors as well in the comment section (let’s see more interesting ones).

Exporting Is Always Beneficial To The Country

In the Tough Times of Pandemic, the exporting industry really helped in contributing to the nation’s economy. Though Import too plays a huge role but yes, the question of dependency arises. Hence, we must respect count exporting companies’ examples as well. There nothing wrong in importing but if we can encourage our manufacturers more in production then the result will be fruitful. 

Conclusion: As mentioned earlier, names of export companies are high, which is good but only few earn in millions. We can say below are the best top indian exporting companies. We need to really encourage the exporting industry today in order to rock the world with a sound economy. Also, it is not that we have limited resources, we just need to push people in start-ups & export business. Simply pushing is not everything, but guiding newbies is also one of the major roles. In guiding the exporters, no need to worry much because of the Digital Exim! Digital Exim, one of the top export import consultancy groups in India with a wide network.

The Export Import industry is something that is filled with tremendous growth but on other hand frauds too happen. To save them from such scams & to Guide each & every step towards their successful trade, digital exim is always there. The Banner of Digital Exim is Always high in the Export Import Industry no matter how many challenges come. We are never defeated! Call on 9505506333 to join Today! 

Import Export Strategy For Beginners

The expanding worldwide market for Indian goods aids in the development of an ecosystem that powers the economy. The increase in exports is encouraging for the Indian economy because it helps to stabilize the nation’s finances. India has developed as a hub for industrial manufacturing as a result of recent governmental changes. The expansion of exports is facilitated by improved infrastructure, quick logistical services, and increased manufacturing capacity. India no longer only exports agricultural products. Manufacturing is expanding quickly and has a significant impact on the economy. The necessary prerequisites for starting an import/export business are important to know for a beginner. The export import training gives you a proper idea of the required paperwork, procedure, and customs laws. 

Business Setup

Creating a corporate entity is the initial step in initiating an import-export operation. Without a valid license to trade on the foreign market, the goods cannot be transferred from the port. For verification purposes, Customs would request the relevant document containing all the certificates authorized by the authority. The import export license, customs clearance paperwork, and company registration number must all be displayed together with accurate information about the product you are attempting to import or export. You can sell or buy things on the global market once these standards have been met.  

Current Account

Each business must open a current account to be used for regular business operations. You must follow this method because it is required. You won’t be able to accept or send money from consumers without a current account in the company’s name. The current account guarantees continuous business with suppliers, customers, and dealers. The current account can be opened in any public or private bank. Keep in mind that you are responsible for paying the account opening fees, so pick your bank carefully.  

Export marketing plan

The next step is developing an export marketing strategy after you have finished the business registration process in accordance with Indian government regulations. Planning would increase the accuracy of your work and save unforeseen costs. The goal of the export and import strategy is to locate profitable company possibilities on the global market. Analyze the product demand around the world. To determine the price for each product exported from the country, work on the export pricing plan. In international trade, price disparity is crucial. In order to ensure a deal, you should learn how to control the price trend and seize the moment.  

Obtain Import export code

Your shipment must abide by both governmental regulations and international commerce laws. The company that sells and purchases products on the international market is given the import export code. Code, commonly referred to as IEC code, mandates the submission of key paperwork when sending goods through customs to other nations. To prevent problems with your cargo, talk to the accountant to grasp the laws and norms of doing business on the international market. You cannot develop an efficient import-export plan without IEC paperwork.  vital records Make sure the money you are investing in your export market plan achieves its goals without incurring too many losses. When operating in the global market, a firm faces several difficulties if you are unable to serve the consumer effectively. In order to maintain steady growth, adhere to the import-export trade laws properly.   Documents needed to get IEC  

Personal and partnership PAN card

Photographs

Canceled cheque of the current account

‘Agriota’ e-market Launched by UAE | No more gaps between Food Industry & Indian farmers  

Agricultural exports account for 10% of India’s exports and form the country’s fourth largest export commodity. India is the world’s largest producer, consumer and exporter of agro products. Get and export import business training to know more about agro export from India.   India’s economy is heavily dependent on agriculture, which is the main source of livelihood for 58 percent of rural households. Learn import export online and know which product you can export and make good profit out of it.   UAE is one of the major trade partners of India and to make agro trading more effectively UAE has come up with an amazing idea.   An e-market platform for trading and sourcing agri-commodities has been launched in the UAE to connect India’s rural farmers with the Gulf nation’s food industry.  With Agriota, Indian farmers will be able to connect directly with the UAE’s entire food industry, including food processing companies, traders, and wholesalers.  This is a new initiative of Dubai Multi Commodities Centre (DMCC), the government authority on commodities trade and enterprise, and Dubai’s free zone.   

By bypassing intermediaries, farmers can optimise their supply chain and ensure traceability, generating value for all stakeholders. 

  • By implementing a blockchain-based verification and extension infrastructure, the online marketplace also offers end-to-end transparency.  
  • Agriota will benefit millions of Indian farmers while simultaneously increasing the food security of UAE citizens.  
  • When using the platform, you will be able to engage in secure fund transfers thanks to a proprietary banking system with a multi-tier escrow structure.  
  • A number of foods will be offered with the Agriota platform, including cereals, pulses, oilseeds, fruits, vegetables, spices, and condiments.  
  • With this platform, the UAE is advancing its goal of positioning itself as a world-leading center for innovation-driven food security and championing trade facilitation for agribusiness. 

Conclusion-  

In FY21, the Indian agricultural industry exported 28.49 billion US dollar worth of goods. In 2020, India positioned itself as the leading rice exporter (notably in the Middle East, where it contributed around 70% of the total rice imports).   Online export import course is beneficial for people who want to learn international business. Join our hand and start your export in just 60 days.  To know more about international trade live free webinar. Click the link to attend our webinar.   https://chat.whatsapp.com/Bqz4SWH55nSGtKj3GnJAC8 Do Visit our Website!

India overtakes Brazil as No.1 Food Supplier to Arab Nations 

Indian food exports to the League of Arab States surpassed Brazilian exports for the first time in 15 years. While the Arab world is Brazil’s most important trade partner, its distance from those markets impacted logistics during the pandemic. Learn import export online and start your import export business.    The imported agribusiness products by the 22 members of the League in last year were accounted for by Brazil at 8.15%, while India captured 8.25% of the trade during the same period.   The Arab world is among Brazil’s most important trade partners, but Brazil’s distance from those markets took a toll. Brazilian shipments to Saudi Arabia previously took 30 days could now take as long as 60 days due to the pandemic.

Why Brazil Lags Behind-  

  • During the COVID epidemic, the distance between Arab countries and Brazil affected global logistics services. As a result, Brazil lags behind India when it comes to food exports.  
  • Brazil has also lagged behind in this area due to China’s increased food inventory during the pandemic. Because of this, the trade of Brazil has also suffered.  
  • In spite of pandemic-related global supply chain disruptions, India had an advantage in quickly shipping food products to the Arab states.  
  • India has geographic advantages that allow it to ship fruits, vegetables, sugar, grains, and meat within weeks.  
  • Despite the country’s overall exports dropping by over 7%, India’s agriculture exports increased sharply by nearly 25% in 2020-21 over the previous year. 

The Saudis are still the biggest buyer, but they are also the biggest re-exporters of food.  

Conclusion-  

A disruption of traditional shipping routes resulted in Brazil losing market share to other exporters such as Turkey, the U.S., France, and Argentina as well.  Agri-food exports are still one of Saudi Arabia’s largest exports, but the kingdom is also working hard to boost its domestic food production.   If you are interested in international business connect with import and export training courses and give a fresh and energetic start to your business.  You can also join our live free webinar. To attend the webinar, click on the link given below.  https://chat.whatsapp.com/Bqz4SWH55nSGtKj3GnJAC8 Do visit our website.  

LIVE FREE WEBINAR – HOW TO GET STARTED WITH EXPORT IMPORT

Need a little help with your international marketing strategy? We’ve got you covered with our free webinar about getting started with export-import!  Digital Exim Comes up with a life-changing webinar that is free and online just for you.  Digital Exim is an export-import company based in Ahmedabad. We are a 33+ old firm in the field of export-import. Digital Exim provides import-export training courses. Digital Exim provides export import classes, 6-month consultancy, and life lifetime help desk. We have trade managers with years of experience in international trading, who are here to solve your problems. Join Digital Exim and know when and where you can start your export-import business. Get a free webinar from our expert Kavit Shah, who has been doing export import for years.

HERE’S WHAT THIS EXIM WEBINAR COVERS. 

> Understanding Export-Import Basics  > Benefits of Global Trade Business  > Inspiring Real Case Study on Export-Import: Local & Global  > How to build a rewarding career in the Exim Industry?  > Export Import Myth vs. Reality  > Live Visit of Trade Portals  > Online Q&A with Industry Experts  > Opportunity of our online advanced export import course ( https://zoom.us/j/96702172727 )  > A Surprise Discounts  Digital exim will help you in A to z of starting your export or import business. We are here to help you out in setting up your business company. What are the factors in selecting a product and market? What is the process of shipping and logistics and how we can make the process easy for you? 

WHO SHOULD ATTEND? 

~ Passionate Students  ~ Young Entrepreneurs  ~ Export Import Professionals  ~ Local Business Owners  ~ Manufacturers / Traders / Suppliers & Buyers  ~ Housewives 

Meet your expert Mr. Kavit Ashwin Shah, founder of Digital Exim. He has been in the industry for decades and has had a monopoly in the industry for the past 33+ years. His experience itself defines the knowledge he has. DIgital Exim is the 5th venture of KB- Ambika groups. He has trained thousands of people and helped them to start their own businesses. KTD – Ambica is a proud group boasting of 10+ Offices across India & employing 350+ Team Members. 

BENEFITS OF THE WEBINAR-

Get a brief on what digital exim provides. Know what will be the future opportunities you get in export-import. Learn with experts in the industry and make your career easy. Get a free demo to understand the way of training, it will be easy for you to make the correct decision for you.

WHAT DIGITAL EXIM PROVIDES-

Digital Exim provides you with online export import training, so you can attend classes in any corner of the world. Get 6 month of personal consultancy in which we will help you with buyer/seller finding, product selection, communication with buyers, market selection, shipping and logistics, and many more. Get trained by experts who have been in business for years. Avail service of live one to one doubt doubt-solving sessions with trade experts. Get recorded sessions if you missed the class. Also, enjoy the study material for extra understanding. In short, digital exim covers all the aspects of export-import.

60 MINS POWER PACKED WEBINAR DETAILS 

Day: Wednesday & Thursday  Time: 8:30 PM Onwards  Live on: Zoom & YouTube  Language: Hindi & English  Speaker: Mr. Kavit Shah Host: Digital Exim 

 WORDS OF OUR PARTICIPANTS
YouTube links to our webinar testimonials 

1   https://youtu.be/giRgoQa-L8A 2   https://youtu.be/kcE7toJa-Xo 3   https://www.youtube.com/watch?v=az0e375KX94&list=PLO05KT6IRn_3dm_tqMhUF4fSl8WfW5iKh&index=2

WEBINAR FAQs

1 Why should I attend a webinar by Digital Exim?  In the digital exim webinar, you will get- >Full understanding of the whole import-export process >How to grow existing business >Tips & tricks for a successful business >Live FAQ 2 Would I be directly talking to an expert?  Directly talking with the expert will give you practical experience and knowledge. An Expert is a person who has been there in the field for decades and no one can make you understand better than an expert. 3 Is this webinar paid or free?  This webinar is free for everyone. 4 How to Register for this webinar Link the link below https://zoom.us/j/96702172727

Obtain import control license – Step-by-Step Functionality

Everyone wants to expand their firm beyond the confines of the home market in this era of fierce competition. However, doing international business takes a lot of analysis and understanding. As a businessman, you can learn the details from import and export courses. Before going global, you must adhere to a number of regulations and rules, obtain various registrations, and obtain licences. When considering importing or exporting from India, one of the requirements is an IEC (Import Export Code) licence. It also goes by the name Importer-Exporter Code. Anyone wishing to begin their import/export firm in the nation must obtain an IEC (Import Export Code). It is released by DGFT (Director General of Foreign Trade). The 10-digit IEC code is valid for all times. Without the Import Export Code, merchants who are primarily importers are unable to import products, while merchants who are primarily exporters are unable to receive benefits from DGFT for the export plan, etc.

Steps Involved in IEC (Import/Export Code) Registration

  • Go to the DGFT website.
  • Click on the ‘Services’ section placed on the homepage.
  • Select the ‘IEC Profile Management’ option from the drop-down list.
  • Click on  ‘Apply for IEC’ option. 
  • Next is the ‘Register’ option where you have to enter the necessary details 
  • Get the OTP
  • Enter the OTP and click on the ‘Register’ button.
  • Upon successful validation of the OTP, you will get a notification with a temporary password that can be changed from the DGFT website.
  • After registering on the DGFT website, use the login credentials to enter.
  • Click on the ‘Apply for IEC’ option on the DGFT website.
  • Fill out the application form (ANF 2A format), and upload the required documents. You will also have to pay the required fees and click on the ‘Submit and Generate IEC Certificate’ button.
  • The IEC code will be generated by the DGFT. 
  • There is an option to get a printout of your certificate once the IEC code is generated

All about Import License  While the bulk of commodities can be imported without restriction, India’s Exim Policy (2007) forbids the import of some product categories and places restrictions on the import of others. In this case, it is crucial for the importer to have an import licence that has been given by the Government of India. The Director General of Foreign Trade in India is responsible for granting import licences. Udyog Bhawan, New Delhi 110011, is the location of the DGFT Delhi office. Import permits are renewable for a period of 24 months for capital items and 18 months for raw materials, components, consumables, and replacement parts.   A common import licence sample includes two copies ofForeignExchange Control Copy: To be used for opening a letter of credit or for sending money to an overseas vendor Customs Copy: Used to give to customs officials so they can clear the goods. If there is no customs copy, the import will be flagged as being unlawful and subject to seizure and/or punishment.  

Import Declaration 

The value of the imported items must be fully disclosed in an import declaration provided by the importer in the manner specified by the bill of entry. Import licences must be included with all import paperwork, such as ex-factory invoices, freight documentation, and insurance certificates. This makes it possible for customs to properly clear the paperwork for prompt imports. To document payment for imports, importers are required to include a copy of the L/C. Typically, the issuing bank verifies this paperwork.  Prior to clearance, not all consignments are inspected, and for known importers, inspections may be waived. An appointment with the clearing agent(s) under the present customs procedure helps prevent delays. In general, there are many paperwork requests and requirements, and there are frequently delays.  

Potatoes are Exported in Maximum quantities from India

Indian Export Import Consultancies are focused on exporting the most suited goods from India. India’s primary source of economy is agriculture hence export of agricultural products is a profitable deal. India is the second largest potato producer country in the world. Is there any country that doesn’t need potatoes? Potato is a food eaten in every corner of the world in different ways. India is one of those county that has huge consumption of potatoes but still India is capable of exporting potatoes after fulfilling the domestic need.

Potatoes Export Volume of India in 2020-21 :

Consecutively Nepal holds to be the top importer for the largest portion of Indian potato export at over 218 thousand metric tons. Followed by Oman with 22 thousand metric tons of fresh and chilled Indian potato export. That year India nearly exported 323 thousand metric tons of potatoes. The export of potatoes from India was valued at over five billion Indian rupees. This was an increase from the previous FY export value of over four billion Indian rupees.

List of Top 10 Countries India Export Potatoes-

  • Nepal- 218 thousand metric tons
  • Oman- 22 thousand metric tons
  • Saudi Arabia- 15 thousand metric tons
  • Malaysia- 13 thousand metric tons
  • Indonesia- 11 thousand metric tons
  • Sri Lanka- 8 thousand metric tons
  • Kuwait- 7 thousand metric tons
  • United Arab Emirates- 6 thousand metric tons
  • Maldives- 4 thousand metric tons
  • Mauritius- 3 thousand metric tons

Potatoes World Export-

The demand for Indian seed potatoes in the global market has been raised by 25% of value in the last five years. Potatoes are liked and appreciated all over the world. International purchases of imported raw potatoes cost an estimated US$5.1 billion in 2019. From a continental perspective, European countries bought the most imported raw potatoes in 2019, costing $3.6 billion or 69.2% of the global total. In second place were Asian importers at 14% while 7.5% of potatoes imported worldwide were delivered to North America with 6.6% going to North America. https://www.youtube.com/watch?v=UQf0v4ewir8&t=1s   Mentioned below are the Top 10 countries that imported the highest dollar value worth of raw potatoes during the year 2019.

  • Belgium: US$769 million (15% of total imported potatoes)
  • Netherlands: $463.4 million (9%)
  • Germany: $348.4 million (6.8%)
  • Spain: $338.9 million (6.6%)
  • Italy: $244.2 million (4.8%)
  • United States: $220.3 million (4.3%)
  • France: $157.7 million (3.1%)
  • United Kingdom: $148 million (2.9%)
  • Russia: $132.7 million (2.6%)
  • Portugal: $120.2 million (2.3%)

Potatoes have many uses and are cooked in a variety of styles across the world. Potatoes are used in cooking as well as in pickle making. To boost the export of Potatoes, the Indian government has taken an initiative as potatoes are permitted for export without any minimum export price. Potato is a major crop in India and is mostly grown in different states of the country like Uttar Pradesh, West Bengal, Bihar, and Gujarat. India is exporting to more than 30 countries around the world. India is one of the major exporters of Potatoes even so India is one of the largest Consumers of Potatoes. Potatoes are used as salad, as the main course sabzi as dessert! Such varied use of potatoes is not solely in India but around the world, hence such great demand. Organically grown potatoes, fresh potatoes, sweet potatoes, red potatoes, sugar-free potatoes, etc, are the most famous varieties of potatoes. The price of potatoes varies from 10 rs/kg in India to 50 rs/kg. When exported to international markets yields more than double the return earned in the local markets. Export import business training figures out the facts and details of exporting potatoes.

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Best Start-Up Ideas in 2024

Anyone who is running a local business is capable of Exporting. Startups for Export Business is also no rocket science. The only thing that Export Import Trade require is dedication and well, time!
Like everything in life, time is the only essence that can be utilized by perfecting practice and patience. Rome was not built in a day, hence our business needs your undivided attention and much hard work.
Greatness can not be achieved without hard work, top it with some smart workable ideas and there you are! A perfect plan to succeed is the one that requires your talent and at the same time challenges you!
In India, there’s a retail shop in each street, a local businessman on every turn of the road and millions of aspiring and young businessmen. Starting a full-fledged huge scale business might not be possible for everyone.
But taking the first few small steps doesn’t mean you can only run a small business. Most things start small and then grow to be one of the biggest achievements of life. As Businessman patience can be your greatest virtues.
Starting an Export Import Trade is starting a little adventure for yourself. The decisions you make, the risk you take, hours of hard work, is all for you! Once the sales start, the rest of the things fall into their right places.
In India, there are many resources available and so starting an Export Import Trade with an aim to utilize those resources can be more beneficial than anything else. 

Here are some ideas to start an Export Import Trade in 2021:  

  • Textile:
The textile industry in India is one of the largest industries in the world! India ranks second to China in the world, for producing Textile and its outreach in the world. This means China not only produces more textile than India but also Exports more!
India has strength across the entire supply chain from raw materials to cheap manufacturing staff to competitive costing in the local markets. Moreover, one of India’s cash crop is Cotton, which serves as an important raw material as is used in most clothes manufacturing. 
Textile export contributes to 12% of the country’s export earnings! India is making progress in supplying the increasing global demand for clothes. As the global scenario changes, people tend to keep work clothes and regulars separate. 
Now that the world scenario has changed again, due to the work from home concept is evolving, people are investing more in pyjamas and t-shirts and sportswear. Comfort above fashion has become a trend!
Of course, it doesn’t mean people have stopped buying party wears and work clothes, the demand has only lessened. Once life gets back to the old normal, trendy clothes will be in demand again and India shall be ready with supplies!
  • Jewellery:
India is rich in resources, we had established that in the beginning only. Making full use of the precious Gems and Jewellery and exporting them wisely is one of India’s advantageous aspects.
Jewellery is popular in India, with so many minerals and gemstones used to make it as attractive as possible. People in India invest a lot in buying luxuries as such on auspicious occasions and hence the local and domestic market is rich too.
Glod, copper and garnet are some of the most common precious metals found in India. Large quantities of Diamonds are also found here, as the nation is rich in a land filled with Coal. 
Diamonds are not so rare as they used to be before and neither is their price as subtle as it was before. Compared to the last decade, the rise in the price of Diamonds is alarming even if their rarity is questionable.
India’s primary export of Jeweller docks on the port of the USA, China, Japan and many countries of the European Union. As of the data available from the studies in 2020, almost 25% of Indian Jewellery found its way to the USA!
  • Mineral fuel:
The rich land of India embraces a variety of mineral fuel, including the fossil fuel, ni her bosom, that is valued worldwide. Natural gas and Crude Oil are two of the most important and valuable resources found in India. 
Extracting oil may cost a fortune, and need funds from the very beginning but once that is done, it’s a very lucrative field of business.
Another most abundantly available mineral is coal. Apart from that, the land is also very rich in iron ore, manganese ore, mica, and limestone.
Let’s take one small sector business idea that has the potential to rock your Exporting business! 
  • Agriculture products export:
Indian economy relies on agriculture more than most other businesses. Agriculture is the primary source of income in many Indian households. Indian farmer works hard day and night only to get the minimum out of their hard work!
India ranks leading position in exporting vegetables across the world. For different vegetables, fruits and other agriculture products, the rank varies. Yet India is able to secure and maintain top positions. 
Since the national consumption of agricultural products is also very high, export becomes a secondary option. The government of India had come up with projects, time and again to increase the export of agriculture products.
It will require more than projects to sustainably increase the export of Indian agriculture. Agriculture products promise a more than 10% profit margin and hence it’s a profitable deal!
These are some of the ideas for those who have determined to run globally. Export Businessman is someone who has a say in international trend. If an Export businessman cant be a trend maker but he can certainly get to say which market gets what quantity of that product.
Global markets are open to all the same way, the ones that make use of their full potential and the resources available to them are the ones who succeed. Grab the opportunity as this pandemic spreads its wings, many businesses are getting burnt.
Export Import Trade is one of the few trades that are not only running smoothly but also growing since the pandemic. Have a part in the legend that is the Exim Industry!

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