
If you want to import or export goods successfully, you must be familiar with ex-factory terminology. Alternatively known as “ex-works,” these terms are a part of the International Commercial Terms (Incoterms) that are used around the world to spell out what customers and sellers are responsible for and how much it will cost them. Definition […]
One of the most important things to know when dealing with the complexity of international trade is the meaning of specific logistics phrases. “Port of Discharge” and “Place of Delivery” are two important terms in this scenario. They are different parts of the shipping process, although they are often used equally. The goal of guide […]
India is the leading exporter of Basmati Rice to the global market. The country has exported5242048.39 MT of Basmati Rice to the world for the worth of Rs. 48389.18 Crores/ 5837.12US$ Mill.) during the year 2023-24. Indian Basmati rice is a unique long-grain aromatic rice, cultivated for centuries in the specificgeographical region of the Himalayan […]
India exported three categories of water in this period: Mineral water (2,378,227 liters), aerated water (602,389 liters) and natural and other water (869,815 liters). Water forms an essential part of every human being. Since it is a human necessity, it makes best sense to do business in. As a normal human being requires an average of […]
You can make a substantial profit by exporting this product from India to China. I’m talking about beauty products, which have tremendous demand in China, where they spend 11 billion dollars on them every year, and the global market for these products is worth 62 billion dollars. While India’s beauty product export value is currently […]
Here is Buyers List For Ayurvedic Products Export From India India’s herbal medicine heritage is experiencing a renaissance. The burgeoning demand for Ayurvedic Products stems from a growing preference for natural wellness solutions, a renewed interest in Ayurveda, and a shift towards preventive healthcare. This trend not only enhances human well-being but also nurtures a […]
A Custom House Agent (CHA) is a person or company with the necessary licensing to handle transactions involving the arrival or departure of goods at a customs station and the entry or departure of conveyances. The successful completion of this function depends on careful and current record-keeping, adherence to customs procedures, and the efficient passage […]
India is the world’s largest spice producer. It is also the largest consumer and exporter of spices. The production of different spices has been growing rapidly over the last few years. Production in 2022-23 stood at 11.14 million tons compared to 11.12 million tons in 2021-22. During 2022-23, the export of spices from India stood […]
India is the sixth largest exporter of textiles and apparel products in the world with a massive raw material and manufacturing base. During 2022-23, the share of textile and apparel in India’s total exports was 8.0% while India’s share of the global trade in textiles and apparel stood at 5%. The Narendra Modi government is […]
In the fiscal year 2022-23, India exported medical consumables and disposables worth US$ 1.6 billion, surpassing imports valued at around US$ 1.1 billion. Exports witnessed a 16% increase, while imports experienced a 33% decline. The Indian Medical Devices market is estimated at $11 billion and is an attractive export sector for U.S. The Indian medical […]