Title: Food Export Procedure From India
1Food Export Procedure From India
Food export from India is an emerging business
opportunity for many local farmers and
vendors. India is known for its spices, fruits,
vegetables, grains, pulses, dry fruits,
beverages and various such other products.
The global demand for these products has been
increasing over time. The process of export of
food products from India is a complicated one.
Here are the basic steps for food export from
India
2- To start the export business, first a sole
Proprietary concern, Partnership firm, or a
Company has to be set up as per procedure with a
name and a logo. - For business a current account is very
convenient. A current account with a Bank
authorized to deal in Foreign Exchange should be
set up for all the transactions which will take
place in the business. - Having a Permanent account number is essential
for an import export business. It is necessary
for every importer and exporter to obtain a PAN
from the Income Tax Department, Government of
India. - The Foreign Trade Policy makes it mandatory to
obtain Importer exporter code or IEC for
export/import from India. The procedure to
obtain an IEC has also been laid down and should
be followed. An application for IEC can be filed
online and the payment can be made along with
the required documents attached to the
application form. - A Registration cum membership certificate has to
be obtained for availing authorization to
import/ export or any other benefit or
concession under FTP 2015-20 and also to avail
the services/ guidance. - Generally all products can be exported except the
ones mentioned in the prohibited/ restricted
list. Market trends for different categories of
products should be studied before deciding which
products to export. - The international market should be chosen after
researching market size, competition, quality
requirements, payment terms and such other
factors. Export benefits available for few
countries under the FTP is also an important
factor to consider. - It is important to participate in trade fairs,
buyer seller meets, exhibitions, and such other
events to promote your business. B2B portals and
websites are also effective tools to find buyers
globally.
3- EPCs, Indian Missions abroad, overseas chambers
of commerce have also proven to be useful. - You should also consider providing customized
samples as per the demands of Foreign buyers.
These samples may help you to get orders faster
and you can get long term customers. - Product pricing is an essential factor while
entering international markets. The price should
be worked out considering all expenses from
sampling to realization of export proceeds on the
basis of terms of sale and so on. Preparing an
export costing sheet for every export product
can be useful and will give you a fair idea. - Many vendors do not enter the international
market due to the risk involved in payments and
so on. These risks can be covered by an
appropriate Policy from Export Credit Guarantee
Corporation Ltd (ECGC). - Food products export in India has been rapidly
growing over the years. If the process is done
properly, it can earn good profits for our
farmers and vendors. - Pisum Foods is one of the leading food products
exporters from India. They export several food
products from India like dry fruits, grains,
pulses, herbs, vegetables, fruits, spices and so
on. If you want to export food products from
India, Pisum is here to serve you!