Nowadays, the scrap import business is so easy because of the internet and improved technology, but opening a global company requires a lot of licenses and registrations, as well as adherence to numerous rules and laws. The IEC for import scrap material in India, sometimes referred to as the import-export code or importer-export code, is … Read more
The shipping bill serves as a crucial document, similar to a passport for the business, providing customs authorities with key information about the goods being shipped, such as the nature of the product, its value, and quantity. Customs authorities rely on this information to calculate any applicable export duties or taxes. In international trade, the … Read more
Customs clearance is a time-consuming and complex process that exporters must undergo. In India, each consignment undergoes manual examination so various export duties can be imposed. The entire documentation process of import-export code registration ensures that the goods are legally imported or exported across international borders. Companies and import-export businesses must adhere to regulations, duties … Read more
It is estimated that the global market for spices will be worth USD 38.5 billion by 2032. Without doubt, the spice business is one of the most rewarding sectors for new business owners to pursue in India. Since India accounts for over 70% of global spice production, it contributes to economic growth due to the … Read more
Starting a spice export business in India is a promising opportunity, as the country is the world’s leading supplier of aromatic spices. With exports valued at USD 4.46 billion in 2023 and 2024, global demand is substantial. Moreover, these statistics highlight a golden opportunity in India’s spice export industry. To get started, you should familiarize … Read more
The two major methods in the domain of logistics through which international trade is supported are import and export. Business houses require intense and trustworthy import and export logistics support in order to sustain in the marketplace by meeting the constantly growing demands in international trade. This article describes the role of import and export … Read more
Bringing Indian food products into the US market can be a profitable endeavour, but it necessitates detailed planning and strict adherence to various regulations. Here’s an in-depth guide to assist you in this journey. Steps to Sell Indian Food Products in the USA Obtain Import Export Code (IEC) Firstly, you need to obtain an Import … Read more
Europe is a land of opportunity for cardamom exporters, especially from India. This spice is becoming increasingly popular, and Germany, the UK, Netherlands, Sweden, France and Finland are leading the charge. Let us understand the complete process to export the queen of spices(cardamom) to Europe. Stepwise Process to Export the Queen of Spices to Europe … Read more
Japan has a lucrative market for high-quality spices and teas, presenting a huge opportunity for Indian exporters. If you’re an Indian entrepreneur looking to tap into this market, this guide will equip you with the essential steps to export spices and tea to Japan. Stepwise Process to Export Spices and Tea to Japan Step 1. … Read more
Indian spices are famous worldwide. If you are looking to start spice export businesses from India, you must read this article. In this article, we will explore the complete process to export spices from India. Stepwise Process to Export Spices from India 1. Decide the business structure First, decide on your business structure (producer, wholesaler, … Read more