How to Start Export from India – A Step-by-Step Guide
India is rapidly becoming a global export leader. From pharmaceuticals and spices to handicrafts and electronics, Indian businesses are thriving in the international market. This detailed guide will walk you through all the essential steps to start your export journey from India.
1. Choose the Right Product to Export
Research demand globally and select products that are in high demand such as pharmaceuticals, textiles, or spices. Use ITC (HS) Codes for classification at dgft.gov.in.
2. Register Your Business
- Sole Proprietorship, Partnership, LLP or Pvt Ltd
- PAN Card and GSTIN (if applicable)
3. Obtain IEC Code
IEC (Importer Exporter Code) is mandatory for any export:
- Apply at DGFT website
- Documents: PAN, Bank details, Address proof
4. RCMC – Registration with Export Promotion Councils
Register with councils like:
- PHARMEXCIL – pharmexcil.com
- EPCH – for handicrafts
5. Open a Current Account
Open a current account with an AD Bank authorized for foreign exchange under FEMA rules.
6. Export Documentation
- Invoice, Packing List, Bill of Lading
- Certificate of Origin, Insurance
7. Find International Buyers
Use platforms like IndiaMART, TradeIndia, Alibaba or connect via embassies and LinkedIn.
8. Decide on Logistics
Choose between air, sea, or courier. Know your incoterms (FOB, CIF, EXW, etc.).
9. Government Export Incentives
- RoDTEP
- Duty Drawback
- EPCG Scheme
- MSME Subsidies
10. Packaging and Labelling
Label must include HS Code, country of origin, expiry date, batch number, and compliance info.
11. Payment and Forex
Accept payments via:
- Letter of Credit (LC)
- Advance TT
- D/P
12. File GST Returns
Even for zero-rated exports, file GSTR-1, GSTR-3B and claim GST refund if eligible.
Useful Export Websites
Purpose | Website |
---|---|
IEC Registration | dgft.gov.in |
Shipping/Customs | icegate.gov.in |
MSME/Udyam | udyamregistration.gov.in |
GST Portal | gst.gov.in |
Conclusion
With the right strategy, documents, and guidance, exporting from India can become a highly profitable and scalable business. Follow all the government compliances and make the best use of trade benefits offered for exporters.
If you're planning to start exporting pharmaceuticals, nutraceuticals, or ayurvedic products, we can help you build your catalog and reach the right buyers!
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