Practical export-import articles from the iiiEM expert team.
In continuation of PART 2, below are the last five formalities to meet to establish export import business. Registration with ECGC The exporter should also register with Export Credit and Guarantee Corporation of India (ECGC) to adjust some export payments against political and commercial chances. It also helps to get financial assistance from commercial banks… Read More »
In just some recent years, social media channels have progressed from a mere idea to a must-consider for international marketers. Of all the latest marketing mediums, social has taken the lead. With old marketing tactics, messages were sent to possible customers, and conversation happened one way. Whereas on social channels, both customers and businesses can… Read More »
Quite often, businesses fail to conform their processes for global business—for, e.g., globalizing their websites, determining correct export prices, etc.—and they miss out on great opportunities. By focusing on below-mentioned business areas and optimizing them, exporters can grow proactive instead of reactive. Which business areas need to be reviewed, and what type of optimizations… Read More »
The object of supply chain management is to render maximum customer value while maximizing profits and controlling costs. Various best practices have been covered in this post that can help a business improve its customer service offerings and decrease the costs associated with managing product returns. Below are the best tactics to follow that will… Read More »
Pomegranate is a high value crop and its entire tree is of great economic importance. All parts of pomegranate tree have great therapeutic value and are used in leather and dying industry. The calorific value of the pomegranate fruit is 65. Its juice is easily digestible and contains about 15 percent invert sugar. It… Read More »
Shall demonetization affect Export Import business in the current situation in India? How long will the Effect last? Growth of any Country depends up on its Export Import Trade. Indeed it is very crucial for India too. Especially after demonetization the Exports have slowed down due to currency crunch. True to its core that instability… Read More »
As reported in October 2016 loud and clamorous voices and fonts by television and print media that India is ranked 130th for ease of doing business in India, after a survey by the World Bank. Clearly the survey by World Bank feels, it is not easy to do business in India. My naïve and inexperienced… Read More »
In the month of October 2016, exports from India reached the highest value. Many companies in India are now actively engaged in the export of raw or manufactured products to a large number of countries all over the world. These companies comply with the international standards and best practices to make their mark in the… Read More »
India is a vast country and has as many as nine coastal states that have the major ports contributing significantly to the export import business. These ports experience a high cargo and container traffic throughout the year. For anybody who is eager to get into the export-import trade or undergo export import training, knowledge of… Read More »
There has been rich evidence that in ancient India, the trade logistics was highly efficient. Goods at that time moved mainly via multiple land routes and sea routes, some of which even exist today. Merchants in ancient India had a flourishing import export business with the merchants of other distant countries that contributed significantly… Read More »
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