Import and Export cater to a very big section of revenue generation in India. Especially since the dawn of Globalization, International Business has taken a high wave. Export can be understood as the process where the goods that are produced domestically using our very own resources, are transported to another country. This can be through air or sea. Import means the goods produced in a foreign country using foreign resources are transported into our country. Exporting leads to an increase in our national income while Importing helps increase our global presence.
The process of exporting is said to be highly complicated, and there is no need to understand every details either. Usually the Exporter outsources such procedures to an external agency. There are certain procedures that a person has to go through in order to Export goods, such as establishing an organization, opening a bank account, obtaining PAN, IEC, RCMC and finally selection of products for Import. Then there are steps like finding the right buyers, sampling of products, pricing, negotiation with buyers and so on. An important authority that looks over the trade practices across India is the Directorate General of Foreign Trade. They regulate the Free Trade Policy, create guidelines on importing and exporting and so on. They also facilitate benefit schemes and give guidance to Importers and Exporters. It is also important to know about the documents required for Customs Clearance in India for the process of Import and Export of goods to and from the country.
The webinar session organized by JBS Academy on Export/Import was engaged by Ms. Manisha Thaker who is the Vice President at Trialliance Global Solutions India Private Limited. She has over 20 years of experience in various sectors such as manufacturing, textiles, engineering and chemical industry.
Webinar was attended by 178 students; it was very informative session where the students got to learn things which can play a key role in their success. Students raised their questions and were answered accordingly. The recorded webinar is available on YouTube.
To contact the experienced professional of Import-Export you can contact the team of JBS Academy at www.jbsacademy.com or chat with them on, info@jbsacademy.com team of professionals are always ready to answer all your questions and guide you for the best.
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