export-import procedure and documentation final

7/28/2019 Export-import Procedure and Documentation Final

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EXPORT-IMPORT PROCEDURE ANDDOCUMENTATIONSPICES INTERNATIONAL.


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Spices

Indian spices include a variety ofspices that are grownacross the Indian subcontinent (South Asia).

With different climates in different parts of thecountry, India produces a variety of spices, many ofwhich are native to the Subcontinent, while otherswere imported from similar climates and have sincebeen cultivated locally for centuries.

Spices are used in different forms - whole, chopped,ground, roasted, sauteed, fried and as topping. Theyblend food to extract the nutrients and bind them in apalatable form.
http://en.wikipedia.org/wiki/Spiceshttp://en.wikipedia.org/wiki/Indian_subcontinenthttp://en.wikipedia.org/wiki/South_Asiahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/South_Asiahttp://en.wikipedia.org/wiki/Indian_subcontinenthttp://en.wikipedia.org/wiki/Spices


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Spices are defined as "a strongly flavored or aromaticsubstance of vegetable origin, obtained from tropicalplants, commonly used as a condiment". Spices were onceas precious as Gold. India plays a very important role inthe spice market of the world. In ancient times majority ofthe spices were produced in India and exported worldwide. It was then, the spices of India attracted peopleacross the borders and forced them to come to India forSpice trade.


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Executive Summary

Selected a product

Identified the competition

Marketing, promotion and branding

Financial resources

Risks


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Business History

The spices international, established in 2011, issynonymous with quality products and services inthe spices industry. Its philosophy has been and

will be to make available the benefitsof technology to users in India and abroad.

As an established business house, the spicesinternational has penetrated the fields of spices.

Today it stands on the threshold of beingnamed an Export House in spices and alliedproducts.


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Market Research

Monitoring of trends, understanding consumers, finding outquantities needed as well as quality factors 52associated withspices and herbs are all important matters that are needed bysmall-scale farmers and others involved in the supply chain.Training in collecting data, carrying out rapid surveys, estimatingdemand and supply and so forth are needed.

Marketing methods Small-scale farmers and others in the supply chain will

benefit from knowledge of basic sales and marketing methods,negotiation skills, planning, etc.

Business planning

Cash flow planning, Profit and Loss analysis, assessment ofinvestment suitability and pay back, creation of proposals toobtain credit will benefit small-scale farmers and others in thesupply chain.


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Target Countries

Target country

USA

Europe

Japan China

South Africa

Australia

South America

Canada

New Zealand


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Competition

India is facing stiff competition from otherproducing countries that supply spices in wholeform. Most of these countries have no domestic

market for the spices they are producing, forcingthem to sell their produce even at cost price(examples cardamom from Guatemala, pepperfrom Vietnam, cloves from Indonesia).

Rejection of Export Materials Agricultural Extension is not Market-oriented

Inadequate Surplus for Exports


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Developed countries are the major markets

for our food exports. USA, Japan, Canada,

Australia and the European countries have

their own stringent food laws and regulations.

The main objective of the laws is to protect

the health and safety of their citizens. They

allow import of food materials only when theyconform to the provisions of their food laws

and regulations.


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Marketing

market distinctions must be made betweenbulk commodities (wholesale) and direct niche(retail) marketing.

Bulk marketing refers to the production oflarge volumes of product for sale to largebuyers or intermediary market participantssuch as brokers and wholesalers.

Direct marketing refers to selling directly to

individual end-users or small buyers.


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MANAGEMENT TEAM

10LABOURERS

6 MANAGERS

(40EMPLOYEESUNDER THEM)

1 CEO

4 BOARD OFDIRECTORS


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Legal Decisions

Agents

Agents usually represent your company in the localmarket.You retain ownership of the goods, and areresponsible for the costs incurred by your agent.

Distributors

In most cases a distributor buys product from youand on-sells to their customers, adding a margin orsetting their own price. They may import and hold stockof your product and may also help promote it and provideafter sales service for customers.


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Why enter a supply agreement? A supply agreement is appropriate when your

business transaction involves the ongoingsupply of products instead of a one-off

supply. Supplies may take place by instalment,perhaps over a number of weeks, or extend tomultiple consignments over many years. Toavoid renegotiating terms for each new supply

transaction agree a set of terms (generalterms) that will apply to all ongoing supplyorders.


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Patents

India is known as the home of spices and produces a widevariety of spices like black pepper, cardamom (small and

large), ginger, garlic, turmeric, chilli, etc. It is the largestproducer, consumer and exporter of spices and spiceproducts. Out of the 109 spices listed by the ISO, Indiaproduces as many as 75 owing to its varied agro climatic

regions. Almost all the States and Union Territories (UTs) ofthe country grow one or the other spices. In the World SpiceTrade, India acquires 48% of the global export volume and44% of the export value. It exports more than 0.40 million

tons of spices annually. Over the years, imports of spices aresteadil rowin .


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Quality marking

Quality has a special focus in Spices

Boards promotional strategy.

To foster Good Manufacturing Practices

(GMP) and Good Hygienic Practices (GHP),

Spices Board approves use of Quality

marking such as Indian Spices Logo, and

the Spice House Certificate.
http://www.indianspices.com/html/qlty_marking_logo.htmhttp://www.indianspices.com/html/qlty_marking_logo.htmhttp://www.indianspices.com/html/qlty_marking_logo.htmhttp://www.indianspices.com/html/qlty_marking_logo.htm


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Dispute Avoidance

1. Have clear contract terms.

2. Make certain that your project is economically

viable by its own terms.

3. Make sure you know your partner.

4. Make sure you get paid.

5. Do not enter into prohibited agreements.6. Be careful not to base your business on WTO-

noncompliant rules.


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7. Search for problems before they materialize.

8. Do a thorough risk analysis.

9. Limit your exposure.10. Mind the store


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Trade marks

The materials available through this Website arethe property of spices international or itslicensors, and are protected by copyright,

trademark and other intellectual property laws.The trademarks and service marks that appear onthis Website are the exclusive property of spicesinternational or its licensors and no use or other

rights are granted with respect to thesetrademarks without the express, written approvalof spices international.


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Manufacturing and Operations

Activity Component Eligibility Criteria Scale of Assistance

Construction of Irrigation Devices Up to 4 ha.50% of the actual cost or Rs.16,000/-

whichever is less.

IP Sets Up to 4 ha.50% of the actual cost or Rs.10,000/-

whichever is less.

Sprinkler Up to 4 ha.25% of the actual cost or Rs.21,175/-

whichever is less.

Gravity Irrigation with tanks with

control valveUp to 4 ha.

50% of the actual cost or Rs.2500/-

whichever is less.

Gravity irrigation with hosepipes

aloneUp to 4 ha.

50% of the actual cost or Rs.2500/-

whichever is less.

Soil conservation(5-15% slope) Up to 8 ha.31% of the actual cost or Rs.3125/- per ha.

whichever is less.


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Personnel Strategies

We are a small company with only 50 employeesas of March 31st 2011, and our ability to retain ourskilled labour force and our success in attracting and

hiring new skilled employees will be a critical factor indetermining our future performance. We will facechallenges and risks in hiring, training, managing andretaining engineering and sales and marketingemployees. Failure to attract and retain personnel,particularly technical and sales and marketingpersonnel would materially harm our ability tocompete effectively and grow our business.


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Implementation Schedule

Submission of Application:

Submission of application in the respective office of the Board inthe prescribed proforma in time along with documents requiredis needed for consideration under any programme.

Sanction of Assistance :

Sanction of assistance under the programmes will be based onprior permissions, physical verifications in plantations/farms byconcerned officers of the Board and implementation of activitiesprescribed under the programmes by the farmer as per theworking procedure laid down.

Release of Subsidy by E-payment : All the beneficiaries should have an account in any of the Bank

which is having RTGS (Real Time Gross Settlement) facility forarranging e-payment of subsidy directly to the beneficiariesaccount.


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THANK YOU

-RAJA BABU-63

-ROSHAN CHELLANI-70

-VEENA GOREGAONKAR-76

-DIMPLE PANCHAL-91

- RANJITHA KUTTAN-95-NISHANT RATHOD-96

export-import procedure and documentation final

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