The country of India is not only an ancient land of the culture and old trade ways, but also a current exporter. In Kochi its busy spice stores, in Bengaluru its technology camps, India exports an enormous bulk of products that power economies world over. Be it fresh products, engineered goods, or complicated pharmaceuticals, India has won the position of the key point in the global supply chain.
When your intentions are to go into the export business, the first road map is to know the items that take up most of the charts. However, the real advantage is that you are aware of how to fill the paperwork, the check points of compliance and it helps you have a tight hold on the movement of your goods and where to move them. India is equipped with concrete infrastructure, competitive rates and talented workforce, which the world is in need of. However, when you intend to export, you cannot work with a good product only; you must work with strategy, registration and readiness.
The 50 Best Exported Products from India
The Indian export catalogue is very rich, extensive and dynamic. Although other products such as petroleum products and textile have been competing as the best for a long time, other manufactures are gaining momentum as better products such as electronics and organic chemicals fast become competitive following policy changes and expansion of manufacturing capacities.
We should start our countdown into the leading top ten with a to the point analysis and the rest of the other 40 major exports that play a significant role in India being in terms of foreign trade balance.
The Best Ten Indian Exported products (in a nutshell)
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Petroleum Products
India is a reprocessor of crude at large. The selling of diesel, petrol, and aviation fuel to the neighboring countries is a huge earner of cash. Having large refineries on the west coast, India has turned into a hub of refining of Asia and other parts of the world.
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Jewelry and Precious Stones
The fine jewelry is made of gold, diamond and gem stones that are of high skills of the artisans and are exported to U.S., UAE and Europe. In the world, 90 percent of Diamond polishing is executed by Surat alone.
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Pharmaceuticals
To the international markets, India is a source of cheap generic drugs. Indian pharma cannot be missed through active pharmaceutical ingredients (APIs) and formulations and all this mostly goes to low- and middle-income countries.
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Autos and Auto Parts
India automobile exports have involved those of compact cars, intricate engine components among others to areas such as Africa, Latin America and the Middle East. The quality is competitive and the price is acute.
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Garments and Textiles
Textile traditions are still alive in India, whether it is the organic cotton tee-shirt or even top-end handloom silk. It is a major sector in employment and a source of foreign exchange.
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Engineering Goods
This includes industrial tools, pumps, generators and mechanical items. Such products are exported to the agricultural centers of Southeast Asia, Africa, and Europe.
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Chemicals, Organic and Inorganic
These are fertilizer inputs, construction, textiles and manufacturing inputs. Chemical industry in India is price competitive as well as very diverse.
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Agricultural Commodities
Such products as basmati rice, turmeric, black pepper, and pulses are both culturally important and having significant impacts in the economy of India in agricultural exports.
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Electronics and Components
The government has been supporting measures such as an economic program called the Make in India that is equally enhancing year-by-year exports of electronic devices, batteries, PCBs, and semiconductors.
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Manufacture of Plastic and Rubber
This group comprises PVC pipes and rubber gaskets on vehicles and constructing houses. These are margin products that never go out of demand.
Other 40 Exported Products
- Iron and Steel
- Leather and Leather products
- Marine Products
- Ceramic Tiles and Sanitaryware
- Crafts and room decoration
- Dairy Products
- Furniture and wood art works
- Mineral Fuels (exclusive of petroleum)
- Cotton Yarn and fabrics
- Food and Beverages Processed
- Cement and Cement Products
- Toys and Games
- Medical Instruments and devices
- Industrial Valves Pumps
- Planting Material and Seeds
- Fruit and Veggies
- Herbal products and essential oils
- Renewable Energy Machinery
- Aluminium and its Products
- Tobacco and Tobacco Products
- Tyers and tubes
- Fertilizers and Pesticides
- Gems and Semi-Precious stones
- Bathroom fittings and sanitary fittings Sanitary fittings Bathroom fittings
- Components of Renewable Energy
- Paper and Paperboard
- Textile Machinery
- Paints, Dyes and Pigments
- Fashion accessories and Apparels
- Industrial Ceramics
- Bulk drugs and Intermediates
- Confectionery and Bakery Products
- Computers and Peripherals
- Rail and Metro Equipment
- Aluminium Foils
- Sports Goods
- Coir and Coir products
- Sugar and Sugar confectionery
- Footwear and Apparel Leather
- Kitchenware and utensils
The Question is How to Start Exporting These Products of India?
Knowing what can be sold is half of the formula. In order to export legally, simply follow the regulatory framework of India. Not following the steps will be an expensive mistake; not only the fines, but the late time fixation and loss of contracts. This is what every exporter has to establish before starting the operations:
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DGFT IEC Code ( Import Export Code )
This is your entry point into participating in the international trade. Without that, your business is not allowed to import or export.
- Directorate General of Foreign Trade (DGFT) issued.
- IEC Registration is a once off registration which does not expire.
- They are needed to clear averages, bank transactions and shipping formalities.
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Code of AD registration
You will need an(Authorized Dealer) AD code Registration to hook up your IEC with a bank that is dealing with foreign currency.
- Connects your trade export to a certain bank.
- They are required to submit Shipping Bills on ICEGATE.
- Makes your cross border income accountable and tax-compliant.
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AD Code Letter of the Bank
This is the confirmation that your company has a bank standing. It is necessary because without it, the AD Code Registration cannot take place.
- This should be issued by your bank in their letterhead.
- It comprises of IEC, account number, branch IFSC and PAN.
- You file it in either physical or electronic form to custom officials.
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Mapping of AD code Port-Wise
Your AD code must be mapped to every port in which you intend to export.
- Avoids hold ups or rejection of Shipping Bill.
- It has to be done at each individual port even when you might not be changing your IEC and AD code.
When you have got it mapped, shipping is free of tedious red tape.
Final Thoughts
It is not every day we see the exports market of a country growing, but transforming. Indian manufacturing has gained the trust of the world governments, the global market, and demand in the domestic markets where the decision of going global is at present. They don’t just rely on products in order to be successful, strategy and compliance are important. The quality product opens the doors but the paperwork opens you up. Donot do it blindly, use experts on IEC registration, AD code registration and port clearance. A successful export can start with just one well planned step.
If you need further assistance or have any doubts, our experts are here to help you. Call us: 8881-069-069.
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