Export Unit Establishment in INDIA
Company-Satyam Eco Garment Export LLP
Vision- Sustainable Fashion
Product-
Organic Cotton
Organic cotton has been grown without the use of chemical pesticides and
defoliants for at least three years.The Cotton Mills are certified under OCIA
International Organic Certification. (OCIA = Organic Crop Improvement
Association International)
Bamboo
Bamboo is one of nature’s most sustainable resources; it’s 100%
biodegradable.Bamboo fabric is anti-microbial, hypoallergenic and thermal
regulating. It is also resistant to mould. Bamboo breathes and wicks moisture away due to
its porous nature. Bamboo provide e silky-cashmere feel.
HEMP
Hemp plants grow quickly and densely which makes it difficult for weeds to hold
on- no pesticides or herbicides needed. Hemp is an extremely durable fabric. It is
insulating, absorbent and improves over time with washing and wearing. It
reveals a new surface becoming softer with every wash. It is also UV resistant, highly
breathable, fast drying, hypoallergenic and non- irritating to skin.
Ramie
Ramie is a highly sustainable eco-friendly fiber. It is very strong and durable; 8 times
stronger than cotton and even stronger when wet.
LINEN
TANCEL
Theory of Export- Comparative Cost Theory
We use here, Comparative Cost Theory because it depend upon factor of production. For
Eco-friendly & Organic garment India has good in climate for fabric raw material production.
A Country has to do business in such sector in which they have Comparative cost advantage.
Such like- India has cheaper labour, good climate for bamboo, cotton, jute, Hemp & Tencel
Production. Manufacturing cost of garment in India is very low in comparision of Other
Countries & profitable exchange rate from developed countries.
Entry Strategies Of Export- Direct (Distributor)
In which, I have to target distributor of other country on profit sharing basis, they can
provide this product to all manufacturing unit of his country for sale. He has responsablity of
marketing & every thing of product. You are only responsible for fullfil hos order. All the
order related your brand is received by them. It is Just as branch of your company in that
nation.
BUSINESS PLAN
Registration
Introduction-
Export- Import business is world most growing business. World 80% business is depend
upon export- Import. Every country of world is depend upon other countries for his basic
needs. Export- Import business provider cheaper, Comfortable, durable product to all
people of world. Export- Import business needs loots of document & little risky. Follow these
steps, and you should be ready to start your journey into the world of international trade.
1. Register your new business on Ministry of Corporate Affairs-
a.Checking the Company name Avablity
b.Acquiring a Direct I dentification No.
c. Acquiring a digital signature Certificate
d. Obtaning Incorporation Certificate
e.Creating a company seal for official documentation.
f. Acquiring PAN and TAN
h.Establishment Certificate.
i. GST registration
2. Open a Current Bank Account:-
Current Bank used for business purpose. Export import business will need a current account
to transact with customers and vendors.
3. IEC Code
IEC code issue by DGFT for which person/company, who want to start Export- Import
business. It is ten digit code.
MARKET RESERCH
4. Choose your export product
I always adopting Blue Ocean Stratagies for selecting Product, Such product like new,
beneficial and higher in demand. Choose the right product for your export import
business plan. There are various factors you need to keep in mind such as the state of
international markets, regulations, export trends, Cost, Profit and more.
5. Registration & Membership Certificate-
India has a number of export promotion councils that work to promote the export of
different product. Registration with these councils gives exporters access to events and
assistance to grow their business, and is also necessary for accessing certain benefits under
India’s Foreign Trade Policy. The RCMC is essential to registering with them. The RCMC is
valid all over India and takes roughly a week to get the registration done. Registration like
FIFO, ITPO , Chamber of Commerce, Germant Export Association of Rajsthan & Garment
Manufacture & Exporter Association.
6. Selecting the Right Export Market
You have to select perfect market for export producthas the right market somewhere in the
world, You have to do PEST Annalysis of that Country Accordind to your Product. There are
certain factors which a new exporter has to keep in mind such as Demand for the Product,
Trade Barriers, Policies, Profitability, Political Environment etc. Based on these factors the
exporter has to analyse the viability and accordingly choose his export market.
MARKET- European Union
Political- EU has 27 member Countries all are political stable.
Economical- Largest Economic group, You can sale your product in 27 Countries
by one customom duty Payment.
Social- All these 27 Countries follow Western Culture. All the countries main goal
is Sustainablity.
Technology- All these countries are well developed and people are well aware of
Technology.
7. Finding Buyers for your Product
After selecting the product and the market, the next step for your business plan would be to
figure out how to find buyers for your export product. There are serveral ways through
which you can collect leads for your product such as creating a website, registering on
buyer-seller platforms, participating in Trade Fairs and Exhibitions, using government bodies
like Export Promotion Councils etc.
FINANCE
8. Finance-
Take 10 lacks credit from bank for operational activities of export
OPERATION ACTIVITIES
9. Export License-
Take export license, if gov has restricted on export of that product.
10. Production-
Product would we outsource by other manufacturing unit
11. Shipping Space Booking
Book ship Space for product according to product need & Customer Preference
12. Packaging & Marking
13. Excise Clearence-
Submit bill of leading to receive your excise pay for export.
14. Custom Formalities-
Fill A4 form for custom Clearence.
15. Insurance-
Insure your goods saftey by any damage, take insurance of your product.
16. Shipping of Goods-
Ship your goods at perfect time with perfect document to your Customers.
17. Apply for Export Incentive-
Gov of India provide Export Incentive through Export promotion, Import Substitution
Scheme. You can apply it with submit export document.
Start kr hi do exports ....
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