Step-by-Step Guide to Starting an Export Business in India
India is one of the fastest-growing export economies in the world, with immense opportunities in sectors like agriculture, textiles, handicrafts, and processed foods. Starting an export business in India can be highly profitable if done with proper planning, compliance, and market research.
If you’re looking to start your export journey, this step-by-step guide will help you understand the process, legal requirements, and best practices for building a successful export business from India.
Why Start an Export Business in India?
- Global Demand: Indian products like spices, rice, jaggery, garments, and handicrafts are in high demand worldwide.
- Government Support: Initiatives like Make in India and Export Promotion Schemes offer incentives to exporters.
- Profit Margins: Exporting allows higher margins compared to domestic trade due to foreign exchange gains.
- Diverse Markets: Indian exporters can access over 190 countries globally.
π Step 1: Choose the Right Export Product
Start by selecting products with high export potential and global demand. Some of the top export products from India include:
- Agricultural goods (e.g., dehydrated garlic, turmeric powder, jaggery)
- Textiles & garments
- Spices & herbs
- Handicrafts & home dΓ©cor
Tip: Focus on products you can source easily, ensure quality for, and have competitive pricing for international markets.
π Step 2: Register Your Business
You need a legal entity to start exporting. You can register as:
- Sole Proprietorship
- Partnership Firm
- LLP or Private Limited Company
Also, get the GST Registration Certificate, which is mandatory for exporters.
π Step 3: Get Importer Exporter Code (IEC)
An Importer Exporter Code (IEC) issued by DGFT (Directorate General of Foreign Trade) is mandatory to start exporting from India.
How to Apply for IEC:
- Visit www.dgft.gov.in
- Fill the online application
- Upload PAN, Aadhaar, and business details
- Pay the required fee
- IEC will be issued within 2-3 working days
π Step 4: Apply for RCMC (Registration Cum Membership Certificate)
Register with an Export Promotion Council (EPC) relevant to your product (e.g., APEDA for agricultural products, FIEO for multiple sectors).
Benefits of RCMC:
- Access to government schemes & incentives
- Market insights & trade fairs
- Export training and guidance
π¦ Step 5: Understand Export Documentation
Proper documentation is critical in export. Hereβs a checklist of essential export documents:
- Commercial Invoice & Packing List
- Bill of Lading / Airway Bill
- Certificate of Origin
- Letter of Credit / Payment Terms
- FSSAI or Phytosanitary Certificates (for food/agri exports)
Ensure accuracy and compliance in all paperwork to avoid delays or penalties.
π’ Step 6: Choose Shipping & Logistics Partners
Work with trusted freight forwarders or logistics providers who can handle:
- Packaging & labeling per international standards
- Customs clearance
- Freight booking (sea, air, or land transport)
- Insurance for goods in transit
Tip: Get quotes from multiple logistics companies for competitive rates and reliable service.
π° Step 7: Decide Payment Terms & Methods
Export payments can be complex. Common payment modes include:
- Advance Payment
- Letter of Credit (LC)
- Documents Against Payment (D/P)
- Open Account (for trusted buyers)
Use a reliable bank that offers export finance, forex services, and guidance on payment security.
π Step 8: Find Buyers & Market Your Products
You can find international buyers through:
- B2B Portals (e.g., Alibaba, IndiaMART Export, TradeIndia)
- International trade fairs & expos
- Export Promotion Councils
- Social Media & Digital Marketing
Build a professional website, showcase your products, certifications, and contact info to attract global clients.
π Step 9: Comply with International Standards
Ensure your products meet international quality and safety standards (e.g., ISO, FSSAI, Organic Certifications, Halal). Compliance helps you build buyer trust and long-term trade relations.
π Step 10: Leverage Government Export Incentives
The Indian government offers incentives to exporters, including:
- RoDTEP Scheme β Refund of taxes and duties
- Duty Drawback β Refund of customs duties
- MEIS (for SEZ units) β Merchandise Exports Incentive Scheme
- Export Finance β Pre-shipment and post-shipment credit at lower interest rates
Final Thoughts
Starting an export business in India requires proper planning, registration, product selection, and market research. With the right guidance and commitment, Indian exporters can build global trade networks and achieve long-term success.
At Datapreneur Services Pvt. Ltd., we help new exporters with export consultancy, compliance, logistics support, and buyer connections to make the process easy and profitable.
π Contact Us for Export Support
π© Email: admin@datapreneur.co.in
π Call/WhatsApp: +91 8779658057 / +91 9763704223
π Website: www.datapreneur.co.in
Let us help you start and scale your export business with confidence!