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A Detailed Report On Guar Gum Import-Export

A Detailed Report On Guar Gum Import-Export

India is native to guar or cluster beans which are used as a vegetable. Guar gum is an extract of the guar bean, where it acts as a food and water store. Guar gum comes from the endosperm of the seed of the legume plant Cyamopsis tetragonoloba; an annual plant, grown in dry regions of India as a food crop for animals. The guar bean is principally grown in India and Pakistan, with smaller crops grown in the U.S., Australia, China, and Africa.

The drought-resistant guar bean can be eaten as a green bean, fed to cattle, or used in green manure. For hundreds of years, Guar has been used as a vegetable in India. Guar is a rain-fed crop, sown in July-August and harvested in October-November.

Being a leguminous crop, guar fixes nitrogen, making the soil fertile.

Several methods have been used for the manufacture of different grades of guar gum but due to its complex nature, the thermo mechanical process is generally used for the manufacture of edible grade and industrial grade guar gum.

Guar meal is the by-product of Guar Gum, consisting of the outer seed coat and germ material. After gum extraction, it is a potential source of protein and contains about 42% crude protein.

The protein content in guar meals is well comparable with that of oil cakes. India accounts for 80 percent of the world’s guar produce, of which 72 percent comes from Rajasthan.

Government Initiatives

Strategy to maximize exports of products under the purview of SHFEXIL

The strategic initiatives taken by the Council to promote the export of shellac and forest- based products are – Increasing the supply of focus products to propel exports from India; product and application research to go up on the value chain; Market development; and Development of Brand India.

Program for inclusive growth

This program is designed to tackle the lack of growth of the focus products. It is designed for the interests of tribal cultivators, who are among the most deprived rural poor and includes a large percentage of women. The objective of this program is to – increase production of the products under the purview of this Council significantly in India by 2022;target benefits to beneficiaries – by augmenting their annual income significantly; establish processing units in the growing areas to create an integrated development model.

The Non-Timber Forest Produce information Centre (NTFPIC)

SHFEXIL has formed a Non- Timber Forest Produce Information Centre (NTFPIC) which is a one-stop body for all the information related to shellac and forest products. The objective of the information center is building a community of stakeholders by bringing traders, producers, exporters, and co- operatives under its purview and providing them with a platform for highlighting the problems faced and providing them with support measures needed for export development.

Export Promotion Council (SHFEXIL)

SHEFEXIL was formed under the sponsorship of the Ministry of Commerce and Industry in 1957.

It was formed to enhance India’s non-timber forest produce and to facilitate the exports of veg saps, guar gums, sesame seeds, herbs, Niger, vegetable material, fixed vegetable oil and cakes etc. The functions of the council are to provide technology upgradation advising, organize trade fairs and build statistical databases for import and export of the country.

Companies Importing From India

  • Gqm Russia
  • Production And Stimulation Chemicals LLC
  • Taiyo Kagaku Co Ltd
  • Lucid Colloids America Inc
  • Taiyo International Inc
  • Chimique International Inc
  • Pfp Industries LLC
  • Chimique International Inc
  • Notify Party Cil USA

Also Read This: A Detailed Report On Blue Pottery Import-Export

Export Destination

  • United States
  • Russia
  • China
  • Germany
  • Brazil
  • Canada
  • Japan
  • Italy
  • Indonesia
  • Malaysia

Business Start Up Process

STEP 1 :- Business Registration

Proprietorship Firm
MSME (Udyam Aadhar)

Partnership Firm
Deed
ROF (Registration of Firm)

LLP (Limited Liability Partnership)
Deed
CIN (Certificate of Incorporation)

Company
MOA
AOA
ROC

STEP 2 :- PAN

Proprietor – Individual (Self)
Partnership Firm – Firm’s Name
LLP (Limited Liability Partnership) – LLP’s Name
Company – Company’s Name

STEP :- 3 GST (Goods & Services Tax)

STEP :- 4 Bank Account (Current A/c)

STEP :- 5 IEC – Importer Exporter Code

STEP :- 6 RCMC – Registration with Export Promotional Bodies (EPC, CB, DA, Etc.)

STEP :- 7 Port Registration (Nearest Port where you source)

ICEGATE Registration

STEP:- 8 COC – Chamber of Commerce

DGFT Registration

STEP: -9 Others – If Any

Documents Mandatory For Export

Pre-Shipment

a. Proforma Invoice / Agreement / Contract
b. Letter of Credit

Post-Shipment

a. Commercial Invoice
b. Packing List
c. B/L / AWB / LR
d. Certificate of Origin
e. Insurance
f. Others (if any)