Food Export Procedure From India - PowerPoint PPT Presentation

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Food Export Procedure From India

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India exports various food products all over the world, And this very potential business and many business-minded peoples want to start their own export business. Before starting this business, one needs to know the proper procedure, and in this document, we have mentioned the Food export procedure from India. This information gives you basic Ideas about hoe to start this business. – PowerPoint PPT presentation

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Title: Food Export Procedure From India


1
Food 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!
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