How to export from India?

Updated: 02/12/2022

Import and Export from India are regulated by Ministry of Commerce & Industry under the central government which is presently leading by Mr Narendra Modi(Prime Minister of India).

How to export from India?

India is considered as the fastest growing economy as well as eCommerce market around the world and the export of goods & services plays a vital role in this development.

At the present moment, USA is the largest trading partner of India following by UAE & Netherland.

Indian products have a high demand in USA & UAE because of its quality and authenticity.

Export by Country

India export to major destinations around the world

Export By Category

Major commodities export from India to around the world

Export Procedure & Documentation in India

Step by step we will guide you through every steps which you would need in order to start export business from India.

Step 1: Incorporate a sole proprietorship or a private limited company.

Step 2: Design an attractive website with a logo or we can say E-commerce online store.

Step 3: Get your company current bank account open.

Step 4: Get a permanent account number(Pan card).

Step 5: Get Importer/Exporter Code through DGFT by providing a couple of documents like a cancelled check, address proof, or other business documents.

Step 6: Get a Registration cum membership certificate (RCMC) with DSC for Foreign Trade.

What product to export?

You can export almost every product except few restricted/prohibited products which you can find through the ITC HS Code (International Trade Classification Harmonized System Code) on DGFT.

So, choose the best product to export from India along with the country through trade statistics and data we have mentioned below.

How to find buyers?

You can find buyers on different platforms which we have mentioned below.

  • Trade fairs
  • Buyer-Seller events
  • Exhibitions
  • B2B portals
  • Online Marketing
  • Networking

Note: Remember to take care of the competitive pricing along with the costing(sampling, shipping & insurance charges) and payment procedures(Letter of credit is a good option).

Few useful things to keep in mind:

How to process export orders?

1- Once you get the order, do check out the formalities the product needs, and after confirmation do get in contact with the buyer.

2- Procurement of the product should be strictly as per the buyers demand.

3- Get in contact with any agency which can do the pre-shipment quality inspection because foreign buyers basically focus upon the quality and other specifications which their country government demands.

4- Exporters can also get funding from commercial banks for pre-shipment and post-shipment with low-interest rates. It helps to cover up the transportation, packaging, raw material, and so on.

5- Packing

  • Labeling and packaging should be done in a way so that they comply with the custom standards and would be easy to carry which automatically helps to reduce the shipping cost.
  • Marking should mention package number, weight, handling instruction, port name, and place of destination which helps in identification and information of the cargo packed.

6- Custom Insurance and CIF & FOB contracts are very important in order to recover the loss of your goods if something goes wrong.

7- Try to deliver the goods or products as soon as you get the order.

8- Customs clearance plays a vital role in any import/export business and one needs to have a shipping bill along with the number.

The government of India also launched a single-window IceGate to help exporters for all their custom queries.

9- Custom house agents is a good option to help you from custom to cargo.

10- Documents needed are mentioned below:

  • Shipping Bill & Bill of Export
  • Airway/Lading bill
  • Commercial Invoice cum Packing List
  • Certificate of origin
  • Inspection certificate

Documents submission to bank

  • Bill of exchange
  • Letter of credit
  • Invoice
  • Packing list
  • Declaration under foreign exchange

Note: According to FTP 2015-2020, overall export contracts and invoices have to label in the freely convertible currency of INR, and export proceeds should be realized in 9 months except for Iran.

How much money is needed to start a Import-Export business in India?

It totally depends upon your business scenario along with the destination country. However, it can start from as low as Rs/INR 35000 – Rs/INR 60000.

Useful resources

Foreign trade procedure

Learn basic of international trading

Export Import Guidance


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