Export-import Procedure And Documentation Final

EXPORT-IMPORT PROCEDURE AND DOCUMENTATION SPICES INTERNATIONAL.

Spices • Indian spices include a variety of spices that are grown across the Indian subcontinent (South Asia). • With different climates in different parts of the country, India produces a variety of spices, many of which are native to the Subcontinent, while others were imported from similar climates and have since been cultivated locally for centuries. • Spices are used in different forms - whole, chopped, ground, roasted, sauteed, fried and as topping. They blend food to extract the nutrients and bind them in a palatable form.

Spices are defined as "a strongly flavored or aromatic substance of vegetable origin, obtained from tropical plants, commonly used as a condiment". Spices were once as precious as Gold. India plays a very important role in the spice market of the world. In ancient times majority of the spices were produced in India and exported world wide. It was then, the spices of India attracted people across the borders and forced them to come to India for Spice trade.

Executive Summary • • • • •

Selected a product Identified the competition Marketing, promotion and branding Financial resources Risks

Business History • The spices international, established in 2011, is synonymous with quality products and services in the spices industry. Its philosophy has been and will be to make available the benefits of technology to users in India and abroad. • As an established business house, the spices international has penetrated the fields of spices. Today it stands on the threshold of being named an Export House in spices and allied products.

Market Research • Monitoring of trends, understanding consumers, finding out quantities needed as well as quality factors 52associated with spices and herbs are all important matters that are needed by small-scale farmers and others involved in the supply chain. Training in collecting data, carrying out rapid surveys, estimating demand 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 of investment suitability and pay back, creation of proposals to obtain credit will benefit small-scale farmers and others in the supply chain.

Target Countries • • • • • • • • • •

Target country USA Europe Japan China South Africa Australia South America Canada New Zealand

Competition • India is facing stiff competition from other producing countries that supply spices in whole form. Most of these countries have no domestic market for the spices they are producing, forcing them to sell their produce even at cost price (examples cardamom from Guatemala, pepper from Vietnam, cloves from Indonesia). • Rejection of Export Materials • Agricultural Extension is not Market-oriented • Inadequate Surplus for Exports

• 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 they conform to the provisions of their food laws and regulations.

Marketing • market distinctions must be made between bulk commodities (wholesale) and direct niche (retail) marketing. • Bulk marketing refers to the production of large volumes of product for sale to large buyers or intermediary market participants such as brokers and wholesalers. • Direct marketing refers to selling directly to individual end-users or small buyers.

MANAGEMENT TEAM

1 CEO 6 MANAGERS

10 LABOURERS

(40 EMPLOYEES UNDER THEM)

4 BOARD OF DIRECTORS

Legal Decisions • Agents Agents usually represent your company in the local market.You retain ownership of the goods, and are responsible for the costs incurred by your agent. • Distributors In most cases a distributor buys product from you and on-sells to their customers, adding a margin or setting their own price. They may import and hold stock of your product and may also help promote it and provide after sales service for customers.

Why enter a supply agreement? • A supply agreement is appropriate when your business transaction involves the ongoing supply of products instead of a one-off supply. Supplies may take place by instalment, perhaps over a number of weeks, or extend to multiple consignments over many years. To avoid renegotiating terms for each new supply transaction agree a set of terms (general terms) that will apply to all ongoing supply orders.

Patents • India is known as the home of spices and produces a wide variety of spices like black pepper, cardamom (small and large), ginger, garlic, turmeric, chilli, etc. It is the largest producer, consumer and exporter of spices and spice products. Out of the 109 spices listed by the ISO, India produces as many as 75 owing to its varied agro climatic regions. Almost all the States and Union Territories (UTs) of the country grow one or the other spices. In the World Spice Trade, India acquires 48% of the global export volume and 44% of the export value. It exports more than 0.40 million tons of spices annually. Over the years, imports of spices are steadily growing.

Quality marking Quality has a special focus in Spices Board’s 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.

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 WTOnoncompliant rules.

7. Search for problems before they materialize. 8. Do a thorough risk analysis. 9. Limit your exposure. 10. Mind the store

Trade marks • The materials available through this Website are the property of spices international or its licensors, and are protected by copyright, trademark and other intellectual property laws. The trademarks and service marks that appear on this Website are the exclusive property of spices international or its licensors and no use or other rights are granted with respect to these trademarks without the express, written approval of spices international.

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 Up to 4 ha. control valve

50% of the actual cost or Rs.2500/whichever is less.

Gravity irrigation with hosepipes alone

Up 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.

Personnel Strategies We are a small company with only 50 employees as of March 31st 2011, and our ability to retain our skilled labour force and our success in attracting and hiring new skilled employees will be a critical factor in determining our future performance. We will face challenges and risks in hiring, training, managing and retaining engineering and sales and marketing employees. Failure to attract and retain personnel, particularly technical and sales and marketing personnel would materially harm our ability to compete effectively and grow our business.

Implementation Schedule • Submission of Application: • Submission of application in the respective office of the Board in the prescribed proforma in time along with documents required is needed for consideration under any programme. • Sanction of Assistance : • Sanction of assistance under the programmes will be based on prior permissions, physical verifications in plantations/farms by concerned officers of the Board and implementation of activities prescribed under the programmes by the farmer as per the working 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 for arranging e-payment of subsidy directly to the beneficiaries account.

THANK YOU

-RAJA BABU-63 -ROSHAN CHELLANI-70 -VEENA GOREGAONKAR-76 -DIMPLE PANCHAL-91 - RANJITHA KUTTAN-95 -NISHANT RATHOD-96