Practical export-import articles from the iiiEM expert team.
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 »
A Business Incubation Center offers ‘entrepreneurs in residence’. Meaning Experts or mentors who are still working in their respective business or industry, whose real life experiences and success & failures help start-ups & new entrepreneurs navigate the road to their individual business set up. And then there are Incubators specializing in niche businesses, like exports,… Read More »
How to Quote Prices to International Buyers: A Practical Guide for Indian Exporters Quoting the right price to an international buyer is one of the most important steps in the export business. Your price must be competitive enough to attract buyers while covering your costs and ensuring a reasonable profit. Quoting a price to a… Read More »
Certificate of Origin in Global Trade: Types, Uses, and When to Use Each One When goods are exported from one country to another, the importing country needs to know where those goods originate. This information helps customs authorities determine applicable import duties, verify trade agreement benefits, and comply with country-specific import regulations. A Certificate of… Read More »
What Is Most Favored Nation (MFN)? Import Duty Calculation for Indian Exporters When an Indian exporter receives an order from an international buyer, one important question is: How much import duty will the buyer pay in their country? The answer depends on several factors, including the product’s HS code, the importing country’s customs tariff, the… Read More »
Makhana: India’s Global Superfood From the wetlands of Bihar to health-food shelves across the world Makhana, popularly known as Fox Nut or Gorgon Nut, is the popped seed of Euryale ferox, an aquatic plant traditionally cultivated in the wetlands of India. Once associated mainly with fasting foods and traditional Indian cuisine, makhana is now emerging… Read More »
When selecting a supplier for export business, reliability is much more important than getting the lowest price. A reliable supplier helps you build long-term relationships with overseas buyers, while an unreliable supplier can damage your reputation after just one shipment. Who makes a “good” & reliable Supplier? The 5 Most Important Factors for a New… Read More »
How to Protect Export Income from Currency Fluctuations? Risk Management for Indian Exporters Currency exchange rates can change between the time an Indian exporter receives an order and the time the payment is received. A sudden fall in the foreign currency against the Indian Rupee can reduce the exporter’s actual earnings. So, how can exporters… Read More »
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