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- 03 August 2024
A Comprehensive Guide to GST Job Work HSN Code
The Goods and Services Tax (GST) has changed the way businesses operate in India, especially when it comes to tax calculations and payments. The HSN (Harmonized System of Nomenclature)code, which provides a consistent system for categorizing goods and services, is a basic component of the GST framework. How can businesses correctly determine the right HSN […]
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- 02 August 2024
Umbrella Export: The Billion Dollar Umbrella Industry
You can make a lot of money by exporting this product in this rainy season. I am talking about umbrellas, whose global market is worth 3.8 billion dollars and is growing at an annual rate of 19.8%. Countries like America, Germany, Japan, South Korea, and France are spending millions of dollars to import umbrellas. But […]
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- 02 August 2024
India’s Pineapple Industry: A Vast Untapped Export Market
Countries like America are spending 700 million dollars to import this product. I am talking about pineapples, of which India is the 6th largest producer. But when it comes to exports, we only export pineapples worth about 5 million dollars. Meanwhile, the global market for pineapples is 2.3 billion dollars, and Costa Rica alone is […]
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- 02 August 2024
PLI Scheme: Boost for Manufacturing Exports
If you are an exporter and you want to grow in manufacturing industry then this scheme can help you. I am talking about PLI (Production Linked Incentives Scheme). The benefit of this scheme is Global chain of the world is shifted to india just because of the competitiveness in india. With this there is a […]
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- 02 August 2024
How to Export Safely with Indian government’s ECGC Policy
To promote exports in India, the Indian government has introduced the “Export Credit Guarantee Corporation Policy” or ECGC policy. With this, sellers can take credit insurance for 90% of their invoice value. This means that if the buyer defaults, the responsibility lies with the government. So, now get into the export business without any fear […]
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- 02 August 2024
India-Russia Trade: Surpassing 100 Billion Dollars Soon
India’s trade with this country is about to surpass 100 billion dollars. I am talking about Russia, which is considered India’s most trusted ally. In 2023, trade between India and Russia amounted to 57 billion dollars, with a target to surpass 100 billion dollars by 2030. This decision was recently made during a meeting between […]
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- 30 July 2024
The Global Potential of Cissus Quadrangularis Export
In the constantly shifting world of natural health supplements and medicinal plants, Cissus quadrangularis emerges as a rising star. This perennial plant, sometimes known as the “Bone Setter,” is native to India and portions of Africa and has been utilized for ages in traditional Ayurvedic treatment. Today, it is gaining international recognition for its many […]
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- 29 July 2024
An Overview of Export Credit Insurance in India
Exporting goods and services is an important part of India’s economy, since it contributes significantly to the country’s GDP and growth. However, engaging in international trade entails dangers such as nonpayment by foreign purchasers, political instability, and currency fluctuation. To mitigate these risks, Indian exporters use export credit insurance in India. This article delves into […]
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- 26 July 2024
Sustainable Export Practices: A Guide to Ethical and Eco-Friendly Trade
In a quickly changing global marketplace, it is crucial for businesses to be both economically efficient and environmentally responsible. This is especially true for import and export businesses, which frequently encounter complex supply chains and cross-border logistics issues. Here is a guide to ethical and eco-friendly trade for Sustainable Export. Export sustainability: What Does It Mean? […]
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- 25 July 2024
Nigeria Export: Top Country To Export Wheat and Food Grains
If you want to export wheat, this country is going to be a goldmine for you. I am talking about Nigeria, which has a population of 230 million, and where food grain prices are skyrocketing. In view of this, the Nigerian government has decided to suspend import taxes on food items. And Nigeria is going […]
