The main features of the DEPB scheme are as follows like an exporter can import raw materials, intermediates, components, parts, packaging material etc. except those items mentioned as restricted…
What are the main features of the DEPB scheme ?
Pricing Strategies : Its strategies and Export Price Quotations
The pricing objectives would determine the pricing strategy on the exporter. The pricing strategy is a part of the market entry strategy and should therefore not be taken casually. The export price…
Complete information on Sole Proprietorship Firm, Partnership Firm and Joint stock Company ?
An entrepreneur can select one of the different types of ownership organisations which are provided as follows like sole proprietorship firm, partnership firm and joint stock company…
What is the importance of Export Marketing Plan ?
Export marketing plan is a part of the overall business plan of a firm. Every business plan should start with firm’s vision. Vision refers to the personal values and the core purposes which are sought to…
How to improve exports ?
In order to promote exports, the govt. has drawn up a number of schemes for promotion of exports from SSI sector like reservation of products, free import of capital Goods, Liberal Export Policy…
7 Important sources for getting quick venture capital Financing
Important sources of venture capital Financing are the EXIM bank, IDBI’s venture Fund, ICICI’s venture Fund, Technology Development and Information Company of India Limited (TDICI), IFCI’s venture…
What are the exception for Importer-Exporter code Number ?
The following categories of importers or exporters are exempted from obtaining Importer-Exporter Code (ICE) number…
What are the function of export promotion councils and commodity boards ?
To offer professional advice to their members in areas such as technology up gradation, quality and design improvement, standards and specifications…
What is E-commerce and what are the guidelines followed while using it for exports ?
E-commerce can be defined as a comprehensive electronic system of treading that uses networks of computers for buying and selling goods, information and services. These networks of computer may be private …
What is the procedure for incorporation of Joint Stock Company ?
The promoter should follow the following procedure for incorporation of a joint stock company like applying in the prescribed form to the Registrar of Companies for seeking approval to the proposed name of the company…
How to start your own export business ?
The procedure for establishing a business firm includes the following steps like selection of the name, approval to the name, selection of ownership organisation, deciding the location of the firm…
What are the functions of export promotion councils or commodity boards ?
The major functions of the export promotion councils and commodity boards (EPCs/CBs) are follows like to provide commercially useful information and assistance to their members…
What is the procedure for the allotment of Importer-Exporter code number ?
Under section 7 of the Foreign Trade( Development and Regulation) Act, 1992 the business firm can enter into the business of exports-imports only if it has been allotted Importer-Exporter code number by the competent licensing authority…
What is the significance of foreign trade ?
Foreign trade is recognized the world over as one of the most significant determinates of economic development of country. Economic development requires an increase in the stock of wealth producing resources…
Complete information on Export marketing plan : Need, Definition and its contents
Export marketing plan is a part of the overall business plan of a firm. Every business plan should start with firm’s vision. Vision refers to the personal values and the core purposes which are sought to be achieved through business…
How to create Export marketing plan ? Give some practical suggestion
The following practical suggestions should be kept in view while developing the export marketing plan like exporters should be innovative. That is to say, the exporters should innovate new product designs…
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