Title: We Can Help you Export from India amidst COVID 19? (1)
1We Can Help you Export from India amidst COVID
19?
A global pandemic no one ever imagined about, a
time only unprecedented. COVID-19 has taken over
the world like a storm. Shutting down economies
worldwide, and watching the world coming to a
standstill is a ground reality of this virus.
Things have got unexplainably tough for all of
us. Conducting businesses from home and
sustaining it for the long-run has been the
concern for many. Sustainability of business
amidst such a situation depends on how reliable
the supply chain of the company is. Import and
export are one vital factor to keep the supply
running of essential goods and the only way to
keep the world economy rolling.
2India stands in front of a tremendous opportunity
where Indias dominance to the trade market now
can leave an incredible impact on the development
of its GDP. India has forever been a nation were
large of its earning flew in from the service
sector. Import-export and all the other logistic
services companies have been playing their
crucial role in this game as well. With India now
focusing on their continuity plan post, the
COVID-19 pandemic. There has to be a few key
factors India needs to look upon when it comes
to exporting its good in such kind of situations.
Essential Factors to Export from India amidst the
Coronavirus Situation
3- The industry minister and the entire commerce
sector decides to cut - down its dependence on imports from China. To
achieve the same, one needs to aggressively
focus on substituting the services provided while
improving the safety standards of the goods
while exporting them. - Compliance with standard operating procedures
according to the policies implied by the
Government of India while exporting cargo has
been a necessity for any export company.
Exporting items like plastic, toys,
pharmaceutical supplies, electronics, and
textiles amidst this situation could be the
keyway for India to take on China by a clear - margin and a step more.
- The next three months or even six could be a
deciding factor on how India stands a chance in
becoming a global leader when it comes to - importing less and exporting the best. As far as
the safety compliance of any logistics company
is concerned, it should be undoubtedly of the
highest standard possible. With US-China trade
wars not coming to a - foreseeable end, and with the COVID-19 pandemic
escalating the same issues even further, India
stands a chance to come in between and - make a difference. Every essential item, like
farm products, dairy, and pharmaceutical
products, needs to receive exceptional attention - whenever they are leaving for international
shores. - Shipping companies and their fleet of vessels is
also an essential factor to consider when it
comes to exporting from India during such times. - Shipping and worldwide movement of cargo across
the oceans has been one thing that never came to
a standstill. Even with international
4- borders closed and flights grounded, ships are
reaching neighbouring - nations carrying essential goods, and energy
through the waterways. Significant importance to
the welfare of Indian seafarers across shipping
companies worldwide, and giving equal importance
to the shipping companies from the country can
be a turnaround for its economy. A rising number
of shipping companies and fleet of vessels will
always leave a positive impact during these
unprecedented times. - Challenges Faced
- A large number of international airports have
even closed their borders for cargo transit in
line to stop the spread of the coronavirus. - Shipping and water transportation of goods is the
only option left to export cargo. - A never-ending list of safety checks and
restrictions within India itself inline to only
export the safest. - Meat and poultry cargoes require extreme care
while transporting and often have expensive
freight charter rates. - Warehousing and cold storage facilities are
almost full with orders piled up, handling goods
safely and specifically is another tough thing to
get over.
Most of the countries worldwide are proactively
supporting their exporters and steering them
through these difficult times. For instance,
China raised the refund
5facility for exporters by 2. Such an aggressive
move can make Indian goods look less competitive
in the international markets. Government
assistance is unquestionably an essential factor
during such times, and along with that esteemed
export companies and every one of us at
IMPEXPORTS believe that we will overcome all the
challenges faced.