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 […]
In order to transfer commodities through their borders and into other nations, countries all over the world depend on imports and exports that are carried out by air, sea, and road channels. Largest Importers are highly significant to this process. When business is going well, countries keep growing. The vast majority of the items that […]
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 […]
India is a major exporter of Cosmetic Products, and its exports have been growing steadily in recent years. In 2022-23, India exported US$ 2.38 billion worth of Essential oils and Resionoids, (HS 33), establishing 7% YoY growth. Indian beauty products have found their way into various corners of the world, with top export destinations being […]
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 dynamic sector that supports farmers, promotes sustainable practices, and positions […]
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 […]