Export Business Opportunity and Ideas
April 26, 2010
8 Comments
Question: I need your help in starting an Export business on a small scale in India. Could you please help me out with the below questions
1) How can I get an order from another country?
2) Which are the countries with which doing business is safe and secure?
3) What are the types of items which are good moving (produced in India) in foreign markets?
4) How would I do sourcing?
5) Can I get any help in finance from Government?
Answer: First of all you need to select the country from where you want to get the order? Or you have to select it depending upon your products. If your products are tentative then you have to think a bit that which country have a mass demand or which country is best for me for business?
Ideas and Opportunity in Export Business
- Once you are selected with the country, then you need to analyze the market of that country and need to get a through idea.
- As far as the security and safety is concerned, you will be able to judge the country only after checking past records, economical condition, political condition etc. If you are sure about the country the question of the security of the consignee comes up.
- For that also, so many ways are there to get assurance about the overseas parties. You can ask for the Letter of Credit, Advance Payment terms, Document against Payment system etc.
- You can also get pre shipment and post shipment insurance coverage from the EPCG of India. For knowing the help from governments help you have to visit the office or branch of EPC and EX-IM bank of India.
sir,iam very much intrested to start a herble raw metirials exports to verious countrys.i abtain herbles and full plegedknowledge.but nillknowledge of expots,and olso iam intrested to expots to uk,please give me a good idea.
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Scott Wilson Reply:
May 9th, 2010 at 9:01 pm
Ms. Udanti,
You have a very good idea and need to be executed carefully. You need to register your firm as an export oriented firm. Then you need to get the IE no. which is Import-Export no. This no. has to be obtained from the indian export department.
After availing this no. only you can export or import the goods.
Then you need to register your self in EPC which stands for Export Promotion Council. This council will help you about how to go further and how to chose the market. If you have any other query, you can surely ask your questions.
Thank you.
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Leo Reply:
September 2nd, 2010 at 11:41 pm
If you would like to export to Australia / New Zealand contact me, and we can discuss further. I am looking for some people who are interested in doing some export business to AU or NZ.
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Dear Sir,
I need your help in starting an Export business on a small scale. Could you please help me out with the below questions
1) How can I get an order from another country?
2) Which are the countries with whom doing business is safe and secure?
3) What are the types of items which are good moving (produced in India) in foreign markets?
4) How would I do sourcing?
5) Can I get any help in finance from Government?
Thank you
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Scott Wilson Reply:
June 19th, 2010 at 9:48 am
Mr. Anson,
There is a special post on the same topic because this is the question of many people. So visit the page of export business ideas and opportunities. There you can enough ideas about your question.
Thank you.
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Hi Scott, I am based in New Zealand for the last decade. Have over 25 years of marketing experience. If anyone is interested to export to New Zealand or Australia – happy to assist! Depends on the product and the local conditions of course.
Leo
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T G Reply:
July 31st, 2010 at 12:12 am
Hi Leo, I have an export business in India, and the products include, home furnishing, wooden frames, carved wooden chests, white metal trays, bowls, decorative items, kitchen ware. I have friends in Australia and we were planning to open office there but they do not have any export knowledge, will appreciate if you could pitch in. if yes we can take it on from there.
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A D Reply:
August 25th, 2010 at 11:21 pm
Hi Leo, I am interested in starting an export business from India. These will include all handicrafts. If you are interested in taking this further then kindly let me know. You can reach me on by replying this comment.
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