🌍 How to Earn from the Export Business-
Blog, Financial Tips1. Find the Right Product
- Look for items that are in demand abroad but easy to source locally.
- Examples: handicrafts, spices, textiles, organic food, ayurvedic products, leather goods.
- Start small — you don’t need a factory, just a reliable supplier.
2. Register Your Business
- Get an Import Export Code (IEC) from DGFT (mandatory for exports).
- Open a current account with a bank that supports international trade.
- Register with Export Promotion Councils for credibility and benefits.
3. Find Buyers
- Use B2B platforms like Alibaba, IndiaMART, TradeIndia, Global Sources.
- Attend trade fairs and exhibitions.
- Even LinkedIn and social media groups can connect you with importers.
4. Start Small Orders
- Begin with small shipments to build trust.
- Use reliable logistics partners (DHL, FedEx, or freight forwarders).
- Always have a clear contract and payment terms (advance or LC – Letter of Credit).
5. Earn Through Margins
- Your profit comes from the difference between buying locally at wholesale and selling internationally at higher prices.
- Example: If you buy handicrafts for ₹200 and sell them abroad for ₹600, even after shipping and duties, you can keep a healthy margin.
6. Government Support
- Schemes like RoDTEP (Remission of Duties and Taxes on Exported Products) give exporters tax refunds.
- Subsidies and incentives are available for certain sectors.
7. Scale Up
- Once you build trust with buyers, increase order sizes.
- Expand into multiple products or new countries.
- Build your own export brand for long-term growth.
✨ Why Export Business is Smart
- Global demand = bigger market than just India.
- Government actively supports exporters.
- You can start small and grow step by step.
